KD Logo

Longeveron Inc (LGVN) Becoming More Attractive for Investors

Longeveron Inc’s recently made public that its Chief Scientific Officer Hare Joshua acquired Company’s shares for reported $0.25 million on Apr 10 ’24. In the deal valued at $2.35 per share,106,383 shares were bought. As a result of this transaction, Hare Joshua now holds 590,727 shares worth roughly $1.52 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, Hare Joshua bought 42,553 shares, generating $100,000 in total proceeds. Upon buying the shares at $2.35, the Chief Scientific Officer now owns 633,280 shares.

Before that, Hashad Mohamed Wa’el Ahmed bought 10,638 shares. Longeveron Inc shares valued at $24,999 were divested by the Chief Executive Officer at a price of $2.35 per share. As a result of the transaction, Hashad Mohamed Wa’el Ahmed now holds 19,616 shares, worth roughly $50413.119999999995.

Price Performance Review of LGVN

On Friday, Longeveron Inc [NASDAQ:LGVN] saw its stock fall -2.28% to $2.57. Over the last five days, the stock has gained 9.36%. Longeveron Inc shares have fallen nearly -81.10% since the year began. Nevertheless, the stocks have fallen -90.62% over the past one year. While a 52-week high of $35.60 was reached on 01/02/24, a 52-week low of $0.77 was recorded on 06/11/24. SMA at 50 days reached $2.72, while 200 days put it at $6.62.

Levels Of Support And Resistance For LGVN Stock

The 24-hour chart illustrates a support level at 2.52, which if violated will result in even more drops to 2.46. On the upside, there is a resistance level at 2.65. A further resistance level may holdings at 2.72. The Relative Strength Index (RSI) on the 14-day chart is 48.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.78%. Stochastics%K at 46.64% indicates the stock is a holding.

How much short interest is there in Longeveron Inc?

A steep rise in short interest was recorded in Longeveron Inc stocks on 2024-07-31, growing by 1.09 million shares to a total of 1.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 0.29 million shares. There was a rise of 78.76%, which implies that there is a positive sentiment for the stock.

Most Popular