In a filing, CVRx Inc revealed its Director SLATTERY JOSEPH P acquired Company’s shares for reported $24300.0 on Aug 15 ’24. In the deal valued at $8.10 per share,3,000 shares were bought. As a result of this transaction, SLATTERY JOSEPH P now holds 30,645 shares worth roughly $0.29 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, SLATTERY JOSEPH P bought 3,000 shares, generating $24,716 in total proceeds. Upon buying the shares at $8.24, the Director now owns 27,645 shares.
Before that, SLATTERY JOSEPH P bought 2,500 shares. CVRx Inc shares valued at $22,725 were divested by the Director at a price of $9.09 per share. As a result of the transaction, SLATTERY JOSEPH P now holds 24,645 shares, worth roughly $0.23 million.
Cantor Fitzgerald initiated its CVRx Inc [CVRX] rating to an Overweight in a research note published on September 10, 2024; the price target was $14. A number of analysts have revised their coverage, including Lake Street’s analysts, who remained covering the stock and in mid July has reiterated a ‘”a Buy”‘ rating for it. William Blair revised its rating on May 01, 2024. It rated CVRX as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of CVRX
On Friday, CVRx Inc [NASDAQ:CVRX] saw its stock jump 17.16% to $9.49. Over the last five days, the stock has gained 26.87%. CVRx Inc shares have fallen nearly -69.82% since the year began. Nevertheless, the stocks have fallen -30.12% over the past one year. While a 52-week high of $33.13 was reached on 01/02/24, a 52-week low of $6.40 was recorded on 06/04/24. SMA at 50 days reached $8.55, while 200 days put it at $14.04.
Levels Of Support And Resistance For CVRX Stock
The 24-hour chart illustrates a support level at 8.49, which if violated will result in even more drops to 7.50. On the upside, there is a resistance level at 10.07. A further resistance level may holdings at 10.66. The Relative Strength Index (RSI) on the 14-day chart is 60.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.92%. Stochastics %K at 75.60% indicates the stock is a holding.
How much short interest is there in CVRx Inc?
A steep rise in short interest was recorded in CVRx Inc stocks on 2024-09-30, dropping by -0.31 million shares to a total of 1.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 2.29 million shares. There was a decline of -15.33%, which implies that there is a negative sentiment for the stock.