In a filing, EON Resources Inc. revealed its Director Salvucci Joseph V Jr acquired Company’s shares for reported $10000.0 on Sep 13 ’24. In the deal valued at $1.00 per share,10,000 shares were bought. As a result of this transaction, Salvucci Joseph V Jr now holds 132,784 shares worth roughly $0.11 million.
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Then, Salvucci Joseph V Sr bought 17,304 shares, generating $17,301 in total proceeds. Upon buying the shares at $1.00, the Director now owns 1,173,362 shares.
Before that, Pogo Royalty, LLC sold 8,978 shares. EON Resources Inc. shares valued at $13,586 were divested by the 10% Owner at a price of $1.51 per share. As a result of the transaction, Pogo Royalty, LLC now holds 2,001,022 shares, worth roughly $1.64 million.
Price Performance Review of EONR
On Monday, EON Resources Inc. [AMEX:EONR] saw its stock fall -13.68% to $0.82. Over the last five days, the stock has lost -24.07%. EON Resources Inc. shares have fallen nearly -59.51% since the year began. Nevertheless, the stocks have fallen -92.39% over the past one year. While a 52-week high of $13.93 was reached on 03/12/24, a 52-week low of $0.87 was recorded on 09/30/24. SMA at 50 days reached $1.8956, while 200 days put it at $2.1762.
Levels Of Support And Resistance For EONR Stock
The 24-hour chart illustrates a support level at 0.7697, which if violated will result in even more drops to 0.7193. On the upside, there is a resistance level at 0.9052. A further resistance level may holdings at 0.9903. The Relative Strength Index (RSI) on the 14-day chart is 26.09, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1387, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.52%. Stochastics %K at 9.04% indicates the stock is a buying.
How much short interest is there in EON Resources Inc.?
A steep rise in short interest was recorded in EON Resources Inc. stocks on 2024-09-13, growing by 1591.0 shares to a total of 18583.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 16992.0 shares. There was a rise of 8.56%, which implies that there is a positive sentiment for the stock.
