KD Logo

A Guide To The Risks Of Investing In EON Resources Inc. (EONR)

EON Resources Inc.’s recent filing unveils that its VP of Finance and Admin Williams Mark acquired Company’s shares for reported $50000.0 on Oct 15 ’24. In the deal valued at $1.00 per share,50,000 shares were bought. As a result of this transaction, Williams Mark now holds 95,000 shares worth roughly $0.12 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, Caravaggio Dante bought 110,000 shares, generating $120,100 in total proceeds. Upon buying the shares at $1.09, the Chief Executive Officer now owns 649,440 shares.

Before that, Blount Byron bought 2,500 shares. EON Resources Inc. shares valued at $5,025 were divested by the Director at a price of $2.01 per share. As a result of the transaction, Blount Byron now holds 73,139 shares, worth roughly $92886.53.

Price Performance Review of EONR

On Monday, EON Resources Inc. [AMEX:EONR] saw its stock jump 1.60% to $1.27. Over the last five days, the stock has lost -6.62%. EON Resources Inc. shares have fallen nearly -37.28% since the year began. Nevertheless, the stocks have fallen -88.20% 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 $1.4260, while 200 days put it at $2.1202.

Levels Of Support And Resistance For EONR Stock

The 24-hour chart illustrates a support level at 1.1567, which if violated will result in even more drops to 1.0433. On the upside, there is a resistance level at 1.3267. A further resistance level may holdings at 1.3833. The Relative Strength Index (RSI) on the 14-day chart is 47.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0298, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.58%. Stochastics %K at 42.01% 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 2024-10-15, growing by 0.12 million shares to a total of 0.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 18583.0 shares. There was a rise of 86.66%, which implies that there is a positive sentiment for the stock.

Most Popular