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Augmedix Inc (AUGX) receives a Buy rating from B. Riley Securities

Augmedix Inc’s filing revealed that its CHIEF STRATEGY OFFICER Shakil Ian unloaded Company’s shares for reported $1900.0 on Apr 15 ’24. In the deal valued at $3.80 per share,500 shares were sold. As a result of this transaction, Shakil Ian now holds 3,000 shares worth roughly $8160.000000000001.

Then, Shakil Ian sold 19,544 shares, generating $74,590 in total proceeds. Upon selling the shares at $3.82, the CHIEF STRATEGY OFFICER now owns 3,000 shares.

Before that, Shakil Ian sold 24,778 shares. Augmedix Inc shares valued at $97,477 were divested by the CHIEF STRATEGY OFFICER at a price of $3.93 per share. As a result of the transaction, Shakil Ian now holds 3,000 shares, worth roughly $8160.000000000001.

A number of analysts have revised their coverage, including Evercore ISI’s analysts, who began to cover the stock in mid December with a ‘”an In-line”‘ rating.

Price Performance Review of AUGX

On Tuesday, Augmedix Inc [NASDAQ:AUGX] saw its stock jump 0.74% to $2.72. Over the last five days, the stock has gained 0.37%. Augmedix Inc shares have fallen nearly -53.50% since the year began. Nevertheless, the stocks have fallen -26.49% over the past one year. While a 52-week high of $6.25 was reached on 01/02/24, a 52-week low of $2.50 was recorded on 05/01/24. SMA at 50 days reached $3.60, while 200 days put it at $4.63. A total of 0.32 million shares were traded, compared to the trading of 0.16 million shares in the previous session.

Levels Of Support And Resistance For AUGX Stock

The 24-hour chart illustrates a support level at 2.68, which if violated will result in even more drops to 2.64. On the upside, there is a resistance level at 2.77. A further resistance level may holdings at 2.82. The Relative Strength Index (RSI) on the 14-day chart is 31.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.86%. Stochastics %K at 21.71% indicates the stock is a holding.

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