MSP Recovery Inc’s filing revealed that its Chief Executive Officer Ruiz John Hasan acquired Company’s shares for reported $12115.0 on Aug 28 ’24. In the deal valued at $0.24 per share,50,000 shares were bought. As a result of this transaction, Ruiz John Hasan now holds 1,791,406 shares worth roughly $0.27 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, Ruiz John Hasan bought 360,620 shares, generating $100,000 in total proceeds. Upon buying the shares at $0.28, the Chief Executive Officer now owns 1,741,406 shares.
Before that, Ruiz John Hasan bought 100,000 shares. MSP Recovery Inc shares valued at $27,660 were divested by the Chief Executive Officer at a price of $0.28 per share. As a result of the transaction, Ruiz John Hasan now holds 1,380,786 shares, worth roughly $0.21 million.
Price Performance Review of LIFW
On Friday, MSP Recovery Inc [NASDAQ:LIFW] saw its stock fall -0.20% to $0.15. Over the last five days, the stock has lost -1.18%. MSP Recovery Inc shares have fallen nearly -93.35% since the year began. Nevertheless, the stocks have fallen -97.01% over the past one year. While a 52-week high of $17.48 was reached on 04/08/24, a 52-week low of $0.14 was recorded on 10/01/24. SMA at 50 days reached $0.2318, while 200 days put it at $0.7775.
Levels Of Support And Resistance For LIFW Stock
The 24-hour chart illustrates a support level at 0.1481, which if violated will result in even more drops to 0.1451. On the upside, there is a resistance level at 0.1539. A further resistance level may holdings at 0.1567. The Relative Strength Index (RSI) on the 14-day chart is 37.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0056, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.93%. Stochastics %K at 34.44% indicates the stock is a holding.
How much short interest is there in MSP Recovery Inc?
A steep rise in short interest was recorded in MSP Recovery Inc stocks on 2024-09-13, growing by 0.32 million shares to a total of 0.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 0.51 million shares. There was a rise of 38.34%, which implies that there is a positive sentiment for the stock.
