EON Resources Inc.’s recent filing unveils that 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 $-0.19 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 $2.82 million.
Price Performance Review of EONR
On Monday, EON Resources Inc. [AMEX:EONR] saw its stock jump 6.02% to $1.41. Over the last five days, the stock has lost -17.54%. EON Resources Inc. shares have fallen nearly -30.37% since the year began. Nevertheless, the stocks have fallen -86.91% over the past one year. While a 52-week high of $13.93 was reached on 03/12/24, a 52-week low of $0.80 was recorded on 09/30/24. SMA at 50 days reached $1.6722, while 200 days put it at $2.1588.
Levels Of Support And Resistance For EONR Stock
The 24-hour chart illustrates a support level at 1.3533, which if violated will result in even more drops to 1.2967. On the upside, there is a resistance level at 1.4583. A further resistance level may holdings at 1.5067. The Relative Strength Index (RSI) on the 14-day chart is 49.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0302, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.89%. Stochastics %K at 30.88% indicates the stock is a holding.
How much short interest is there in EON Resources Inc.?
A steep rise in short interest was recorded in EON Resources Inc. stocks on 2024-09-30, dropping by 8257.0 shares to a total of 15833.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 24090.0 shares. There was a decline of -52.15%, which implies that there is a negative sentiment for the stock.
