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Checking in on Intest Corp. (INTT) after recent insiders movement

Intest Corp.’s recent filing unveils that its President & CEO Grant Richard N. Jr. unloaded Company’s shares for reported $0.26 million on Apr 11 ’24. In the deal valued at $12.03 per share,21,500 shares were sold. As a result of this transaction, Grant Richard N. Jr. now holds 171,717 shares worth roughly $1.85 million.

Then, Grant Richard N. Jr. sold 22,000 shares, generating $264,660 in total proceeds. Upon selling the shares at $12.03, the President & CEO now owns 193,217 shares.

Before that, Grant Richard N. Jr. sold 20,000 shares. Intest Corp. shares valued at $256,000 were divested by the President & CEO at a price of $12.80 per share. As a result of the transaction, Grant Richard N. Jr. now holds 215,217 shares, worth roughly $2.32 million.

Northland Capital initiated its Intest Corp. [INTT] rating to an Outperform in a research note published on November 21, 2022; the price target was $20. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in early February with a ‘”a Buy”‘ rating. Dougherty & Company began covering INTT with “Buy” recommendation on October 06, 2017.

Price Performance Review of INTT

On Tuesday, Intest Corp. [AMEX:INTT] saw its stock fall -7.70% to $10.79. Over the last five days, the stock has lost -4.26%. Intest Corp. shares have fallen nearly -20.66% since the year began. Nevertheless, the stocks have fallen -46.24% over the past one year. While a 52-week high of $27.17 was reached on 04/01/24, a 52-week low of $10.66 was recorded on 05/07/24. SMA at 50 days reached $11.66, while 200 days put it at $13.61. A total of 0.36 million shares were traded, compared to the trading of 0.18 million shares in the previous session.

Levels Of Support And Resistance For INTT Stock

The 24-hour chart illustrates a support level at 9.96, which if violated will result in even more drops to 9.12. On the upside, there is a resistance level at 11.38. A further resistance level may holdings at 11.96. The Relative Strength Index (RSI) on the 14-day chart is 41.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.25%. Stochastics %K at 54.66% indicates the stock is a holding.

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