Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Edible Garden AG Inc shares valued at $6,105 were purchased by UBS Group AG on Apr 25 ’24. At $6.07 per share, UBS Group AG acquired 1,005 shares. The insider’s holdings grew to 35,077 shares worth approximately $71907.84999999999 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, UBS Group AG sold 30,056 shares, netting a total of over 163,307 in proceeds. Following the sale of shares at $5.43 each, the insider now holds 5,025 shares.
Before that, UBS Group AG had sold 106 shares from its account. In a trade valued at $668, the 10% Owner traded Edible Garden AG Inc shares for $6.30 each. Upon closing the transaction, the insider’s holdings decreased to 106 shares, worth approximately $69855.79999999999.
Analyzing EDBL Stock Performance
During the last five days, there has been a surge of approximately 20.59%. Over the course of the year, Edible Garden AG Inc shares have dropped approximately -79.64%. Shares of the company reached a 52-week high of $12.4700 on 04/17/24 and a 52-week low of $1.6000 on 06/04/24. A 50-day SMA is recorded $4.7000, while a 200-day SMA reached $10.1200. Nevertheless, trading volume fell to 1.44 million shares from 0.2 million shares the previous day.
Support And Resistance Levels for Edible Garden AG Inc (EDBL)
According to the 24-hour chart, there is a support level at 1.8000, which, if violated, would cause prices to drop to 1.5600. In the upper region, resistance lies at 2.2500. The next price resistance is at 2.4500. RSI (Relative Strength Index) is 36.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.4900, which suggests the price will decrease in the coming days. Percent R is at 89.44%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
