KD Logo

Chardan Capital Markets’s latest rating for PFIE stock

Profire Energy Inc’s filing revealed that its Co-CEO Oviatt Ryan W acquired Company’s shares for reported $5728.0 on May 17 ’24. In the deal valued at $1.45 per share,3,950 shares were bought. As a result of this transaction, Oviatt Ryan W now holds 701,951 shares worth roughly $0.97 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, Oviatt Ryan W bought 4,223 shares, generating $5,997 in total proceeds. Upon buying the shares at $1.42, the Co-CEO now owns 698,001 shares.

Chardan Capital Markets downgraded its Profire Energy Inc [PFIE] rating to a Neutral from a a Buy in a research note published recently. Chardan Capital Markets also remained covering PFIE and reiterated its “Buy” recommendation on March 13, 2017. Chardan Capital Markets revised its rating on December 15, 2016. It rated PFIE as “a Buy” which previously was an “a Neutral”.

Price Performance Review of PFIE

On Tuesday, Profire Energy Inc [NASDAQ:PFIE] saw its stock fall -0.72% to $1.38. Over the last five days, the stock has lost -2.82%. Profire Energy Inc shares have fallen nearly -23.76% since the year began. Nevertheless, the stocks have risen 7.81% over the past one year. While a 52-week high of $3.29 was reached on 04/11/24, a 52-week low of $1.18 was recorded on 05/09/24. SMA at 50 days reached $1.6109, while 200 days put it at $1.8222. A total of 0.14 million shares were traded, compared to the trading of 0.13 million shares in the previous session.

Levels Of Support And Resistance For PFIE Stock

The 24-hour chart illustrates a support level at 1.3667, which if violated will result in even more drops to 1.3534. On the upside, there is a resistance level at 1.4016. A further resistance level may holdings at 1.4232. The Relative Strength Index (RSI) on the 14-day chart is 37.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0423, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.59%. Stochastics %K at 9.88% indicates the stock is a buying.

Most Popular