Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Achieve Life Sciences Inc. shares valued at $45,850 were purchased by Stewart Richard Alistair on Mar 04 ’24. At $4.58 per share, Stewart Richard Alistair acquired 10,000 shares. The insider’s holdings grew to 38,501 shares worth approximately $0.18 million 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, Bencich John purchased 10,000 shares, netting a total of over 45,850 in proceeds. Following the buying of shares at $4.58 each, the insider now holds 76,724 shares.
As published in a research note from Maxim Group on May 10, 2023, Achieve Life Sciences Inc. [ACHV] has been retained to a Buy and the price target has been revised to $20. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in late June.
Analyzing ACHV Stock Performance
During the last five days, there has been a drop of approximately -2.94%. Over the course of the year, Achieve Life Sciences Inc. shares have jumped approximately 12.14%. Shares of the company reached a 52-week high of $5.59 on 05/29/24 and a 52-week low of $3.75 on 01/05/24. A 50-day SMA is recorded $4.92, while a 200-day SMA reached $4.53. Nevertheless, trading volume fell to 0.12 million shares from 0.51 million shares the previous day.
Support And Resistance Levels for Achieve Life Sciences Inc. (ACHV)
According to the 24-hour chart, there is a support level at 4.45, which, if violated, would cause prices to drop to 4.38. In the upper region, resistance lies at 4.61. The next price resistance is at 4.70. RSI (Relative Strength Index) is 41.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.14, which suggests the price will decrease in the coming days. Percent R is at 96.25%, indicating bearish price movement. Stochastics%K at buying indicates that the stock is to be held.
