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Investing in Avenue Therapeutics Inc (ATXI): What You Must Know

Avenue Therapeutics Inc’s filing revealed that its Director KRANZLER JAY D acquired Company’s shares for reported $1242.0 on Sep 30 ’24. In the deal valued at $2.50 per share,497 shares were bought. As a result of this transaction, KRANZLER JAY D now holds 620 shares worth roughly $1240.0.

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Then, KRANZLER JAY D bought 3 shares, generating $7 in total proceeds. Upon buying the shares at $2.40, the Director now owns 123 shares.

Before that, Davidow Robert L sold 353,000 shares. Avenue Therapeutics Inc shares valued at $49,600 were divested by the 10% Owner at a price of $0.14 per share. As a result of the transaction, Davidow Robert L now holds 22,000 shares, worth roughly $44000.0.

Price Performance Review of ATXI

On Monday, Avenue Therapeutics Inc [NASDAQ:ATXI] saw its stock fall -5.21% to $2.00. Over the last five days, the stock has lost -1.23%. Avenue Therapeutics Inc shares have fallen nearly -83.44% since the year began. Nevertheless, the stocks have fallen -95.48% over the past one year. While a 52-week high of $44.99 was reached on 01/04/24, a 52-week low of $1.70 was recorded on 10/17/24. SMA at 50 days reached $2.49, while 200 days put it at $6.26.

Levels Of Support And Resistance For ATXI Stock

The 24-hour chart illustrates a support level at 1.73, which if violated will result in even more drops to 1.45. On the upside, there is a resistance level at 2.49. A further resistance level may holdings at 2.97. The Relative Strength Index (RSI) on the 14-day chart is 37.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been 70.00 at 70.00%. Stochastics %K at 38.02% indicates the stock is a holding.

How much short interest is there in Avenue Therapeutics Inc?

A steep rise in short interest was recorded in Avenue Therapeutics Inc stocks on 2024-09-30, dropping by 5111.0 shares to a total of 31536.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 36647.0 shares. There was a decline of -16.21%, which implies that there is a negative sentiment for the stock.

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