Alzamend Neuro Inc’s filing revealed that its Director AULT MILTON C III acquired Company’s shares for reported $688.0 on Apr 19 ’24. In the deal valued at $0.69 per share,1,000 shares were bought. As a result of this transaction, AULT MILTON C III now holds 771,699 shares worth roughly $0.43 million.
Then, AULT MILTON C III bought 334 shares, generating $304 in total proceeds. Upon buying the shares at $0.91, the Director now owns 770,699 shares.
Before that, AULT MILTON C III bought 5,000 shares. Alzamend Neuro Inc shares valued at $5,092 were divested by the Director at a price of $1.02 per share. As a result of the transaction, AULT MILTON C III now holds 768,365 shares, worth roughly $0.43 million.
Ascendiant Capital Markets initiated its Alzamend Neuro Inc [ALZN] rating to a Buy in a research note published on October 01, 2021; the price target was $8.
Price Performance Review of ALZN
On Tuesday, Alzamend Neuro Inc [NASDAQ:ALZN] saw its stock fall -20.02% to $0.56. Over the last five days, the stock has lost -20.83%. Alzamend Neuro Inc shares have fallen nearly -36.75% since the year began. Nevertheless, the stocks have fallen -92.69% over the past one year. While a 52-week high of $11.91 was reached on 03/05/24, a 52-week low of $0.65 was recorded on 05/07/24. SMA at 50 days reached $0.8901, while 200 days put it at $2.1097. A total of 0.48 million shares were traded, compared to the trading of 18900.0 shares in the previous session.
Levels Of Support And Resistance For ALZN Stock
The 24-hour chart illustrates a support level at 0.4312, which if violated will result in even more drops to 0.2994. On the upside, there is a resistance level at 0.7023. A further resistance level may holdings at 0.8416. The Relative Strength Index (RSI) on the 14-day chart is 25.67, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0338, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.63%. Stochastics %K at 38.84% indicates the stock is a holding.
