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Pineapple Financial Inc (PAPL) may enjoy gains as insiders got busy in the recent days

Pineapple Financial Inc’s recently made public that its COO Marin Kendall Leo acquired Company’s shares for reported $1880.0 on Aug 02 ’24. In the deal valued at $0.94 per share,2,000 shares were bought. As a result of this transaction, Marin Kendall Leo now holds 854,154 shares worth roughly $0.91 million.

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Then, Mitchell Christa Lillian bought 2,000 shares, generating $2,040 in total proceeds. Upon buying the shares at $1.02, the CSO now owns 279,735 shares.

Before that, Dasgupta Shubha-Jeet bought 3,000 shares. Pineapple Financial Inc shares valued at $3,411 were divested by the CEO at a price of $1.14 per share. As a result of the transaction, Dasgupta Shubha-Jeet now holds 5,000 shares, worth roughly $5350.0.

Price Performance Review of PAPL

On Tuesday, Pineapple Financial Inc [AMEX:PAPL] saw its stock jump 7.00% to $1.07. Over the last five days, the stock has gained 22.27%. Pineapple Financial Inc shares have fallen nearly -40.22% since the year began.

Levels Of Support And Resistance For PAPL Stock

The 24-hour chart illustrates a support level at 0.9933, which if violated will result in even more drops to 0.9167. On the upside, there is a resistance level at 1.1233. A further resistance level may holdings at 1.1767. The Relative Strength Index (RSI) on the 14-day chart is 59.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0421, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.86%. Stochastics%K at 47.32% indicates the stock is a holding.

How much short interest is there in Pineapple Financial Inc?

A steep rise in short interest was recorded in Pineapple Financial Inc stocks on , growing by 40208.0 shares to a total of 51249.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 11041.0 shares. There was a rise of 78.46%, which implies that there is a positive sentiment for the stock.

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