Comstock Inc’s recent filing unveils that its Chief Engineering Officer BOBBILI RAHUL acquired Company’s shares for reported $6350.0 on May 28 ’24. In the deal valued at $0.25 per share,25,000 shares were bought. As a result of this transaction, BOBBILI RAHUL now holds 1,100,000 shares worth roughly $0.21 million.
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Then, BOBBILI RAHUL bought 25,000 shares, generating $7,258 in total proceeds. Upon buying the shares at $0.29, the Chief Engineering Officer now owns 1,075,000 shares.
Before that, DEGASPERIS CORRADO bought 1,250,000 shares. Comstock Inc shares valued at $500,000 were divested by the Executive Chairman and CEO at a price of $0.40 per share. As a result of the transaction, DEGASPERIS CORRADO now holds 1,358,180 shares, worth roughly $0.26 million.
Singular Research initiated its Comstock Inc [LODE] rating to a Buy in a research note published on April 23, 2014; the price target was $2.25. A number of analysts have revised their coverage, including Global Hunter Securities’s analysts, who began to cover the stock in mid March with a ‘”a Speculative buy”‘ rating.
Price Performance Review of LODE
On Friday, Comstock Inc [AMEX:LODE] saw its stock fall -6.59% to $0.19. Over the last five days, the stock has lost -7.92%. Comstock Inc shares have fallen nearly -64.56% since the year began. Nevertheless, the stocks have fallen -76.95% over the past one year. While a 52-week high of $0.99 was reached on 01/03/24, a 52-week low of $0.19 was recorded on 06/14/24. SMA at 50 days reached $0.2678, while 200 days put it at $0.4013. A total of 1.69 million shares were traded, compared to the trading of 1.03 million shares in the previous session.
Levels Of Support And Resistance For LODE Stock
The 24-hour chart illustrates a support level at 0.1861, which if violated will result in even more drops to 0.1779. On the upside, there is a resistance level at 0.2051. A further resistance level may holdings at 0.2159. The Relative Strength Index (RSI) on the 14-day chart is 32.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0249, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.95%. Stochastics %K at 15.62% indicates the stock is a buying.
