Zomedica Corp’s recent filing unveils that its Director POWERS JOHNNY D acquired Company’s shares for reported $17450.0 on May 17 ’24. In the deal valued at $0.17 per share,100,000 shares were bought. As a result of this transaction, POWERS JOHNNY D now holds 2,225,000 shares worth roughly $0.33 million.
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
Then, POWERS JOHNNY D bought 25,000 shares, generating $4,600 in total proceeds. Upon buying the shares at $0.18, the Director now owns 2,125,000 shares.
Before that, POWERS JOHNNY D bought 50,000 shares. Zomedica Corp shares valued at $6,981 were divested by the Director at a price of $0.14 per share. As a result of the transaction, POWERS JOHNNY D now holds 2,100,000 shares, worth roughly $0.32 million.
Dawson James initiated its Zomedica Corp [ZOM] rating to a Buy in a research note published on January 06, 2023; the price target was $6.
Price Performance Review of ZOM
On Friday, Zomedica Corp [AMEX:ZOM] saw its stock fall -5.05% to $0.15. Over the last five days, the stock has lost -10.92%. Zomedica Corp shares have fallen nearly -25.82% since the year began. Nevertheless, the stocks have fallen -23.45% over the past one year. While a 52-week high of $0.25 was reached on 01/02/24, a 52-week low of $0.12 was recorded on 02/16/24. SMA at 50 days reached $0.1504, while 200 days put it at $0.1588. A total of 6.47 million shares were traded, compared to the trading of 3.34 million shares in the previous session.
Levels Of Support And Resistance For ZOM Stock
The 24-hour chart illustrates a support level at 0.1453, which if violated will result in even more drops to 0.1421. On the upside, there is a resistance level at 0.1534. A further resistance level may holdings at 0.1583. The Relative Strength Index (RSI) on the 14-day chart is 41.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0140, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.05%. Stochastics %K at 7.72% indicates the stock is a buying.
