Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ProMIS Neurosciences Inc shares valued at $91,028 were purchased by Shafmaster Madge K. on Sep 24 ’24. At $1.30 per share, Shafmaster Madge K. acquired 70,000 shares. The insider’s holdings grew to 208,333 shares worth approximately $0.26 million following the completion of this transaction.
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Also, Shafmaster Madge K. purchased 70,000 shares, netting a total of over 89,656 in proceeds. Following the buying of shares at $1.28 each, the insider now holds 138,333 shares.
Before that, Shafmaster Madge K. had added 60,000 shares to its account. In a trade valued at $75,066, the Director bought ProMIS Neurosciences Inc shares for $1.25 each. Upon closing the transaction, the insider’s holdings increased to 60,000 shares, worth approximately $86782.91.
Analyzing PMN Stock Performance
During the last five days, there has been a surge of approximately 32.98%. Over the course of the year, ProMIS Neurosciences Inc shares have jumped approximately 10.43%. Shares of the company reached a 52-week high of $3.1000 on 01/16/24 and a 52-week low of $0.9200 on 10/21/24. A 50-day SMA is recorded $1.1777, while a 200-day SMA reached $1.6965. Nevertheless, trading volume fell to 0.85 million shares from 0.3 million shares the previous day.
Support And Resistance Levels for ProMIS Neurosciences Inc (PMN)
According to the 24-hour chart, there is a support level at 0.9900, which, if violated, would cause prices to drop to 0.7100. In the upper region, resistance lies at 1.5600. The next price resistance is at 1.8500. RSI (Relative Strength Index) is 64.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1014, which suggests the price will decrease in the coming days. Percent R is at 46.15%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
