BurgerFi International Inc’s recent filing unveils that its 10% Owner JOHN ROSATTI REVOCABLE TRUST unloaded Company’s shares for reported $11574.0 on Mar 25 ’24. In the deal valued at $0.58 per share,20,000 shares were sold. As a result of this transaction, JOHN ROSATTI REVOCABLE TRUST now holds 2,668,396 shares worth roughly $0.45 million.
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Then, JOHN ROSATTI REVOCABLE TRUST sold 20,000 shares, generating $11,536 in total proceeds. Upon selling the shares at $0.58, the 10% Owner now owns 2,688,396 shares.
Before that, JOHN ROSATTI REVOCABLE TRUST sold 20,000 shares. BurgerFi International Inc shares valued at $11,760 were divested by the 10% Owner at a price of $0.59 per share. As a result of the transaction, JOHN ROSATTI REVOCABLE TRUST now holds 2,708,396 shares, worth roughly $0.46 million.
BTIG Research initiated its BurgerFi International Inc [BFI] rating to a Buy in a research note published on November 23, 2021; the price target was $11.
Price Performance Review of BFI
On Monday, BurgerFi International Inc [NASDAQ:BFI] saw its stock fall -14.24% to $0.17. Over the last five days, the stock has lost -27.34%. BurgerFi International Inc shares have fallen nearly -79.75% since the year began. Nevertheless, the stocks have fallen -88.62% over the past one year. While a 52-week high of $1.97 was reached on 01/08/24, a 52-week low of $0.13 was recorded on 06/20/24. SMA at 50 days reached $0.3336, while 200 days put it at $0.7189. A total of 0.95 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For BFI Stock
The 24-hour chart illustrates a support level at 0.1514, which if violated will result in even more drops to 0.1287. On the upside, there is a resistance level at 0.2054. A further resistance level may holdings at 0.2367. The Relative Strength Index (RSI) on the 14-day chart is 24.42, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0296, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.75%. Stochastics%K at 47.54% indicates the stock is a holding.
