In a filing, Eliem Therapeutics Inc revealed its EVP, R&D AND CSO Morisset Valerie unloaded Company’s shares for reported $0.55 million on Jul 22 ’24. In the deal valued at $8.03 per share,69,005 shares were sold. As a result of this transaction, Morisset Valerie now holds 31,317 shares worth roughly $0.19 million.
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Then, Morisset Valerie sold 60,201 shares, generating $434,325 in total proceeds. Upon selling the shares at $7.21, the EVP, R&D AND CSO now owns 100,322 shares.
Before that, Morisset Valerie sold 38,576 shares. Eliem Therapeutics Inc shares valued at $267,332 were divested by the EVP, R&D AND CSO at a price of $6.93 per share. As a result of the transaction, Morisset Valerie now holds 160,523 shares, worth roughly $1.0 million.
Price Performance Review of ELYM
On Tuesday, Eliem Therapeutics Inc [NASDAQ:ELYM] saw its stock jump 3.84% to $6.22. Over the last five days, the stock has lost -13.13%. Eliem Therapeutics Inc shares have risen nearly 130.37% since the year began. Nevertheless, the stocks have risen 129.52% over the past one year. While a 52-week high of $11.55 was reached on 05/03/24, a 52-week low of $2.35 was recorded on 04/05/24. SMA at 50 days reached $7.62, while 200 days put it at $4.65.
Levels Of Support And Resistance For ELYM Stock
The 24-hour chart illustrates a support level at 5.97, which if violated will result in even more drops to 5.73. On the upside, there is a resistance level at 6.39. A further resistance level may holdings at 6.57. The Relative Strength Index (RSI) on the 14-day chart is 38.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.92%. Stochastics%K at 16.60% indicates the stock is a buying.
How much short interest is there in Eliem Therapeutics Inc?
A steep rise in short interest was recorded in Eliem Therapeutics Inc stocks on