In a filing, Envoy Medical Inc revealed its Director Patel Mona Chetan acquired Company’s shares for reported $13320.0 on Sep 11 ’24. In the deal valued at $3.33 per share,4,000 shares were bought. As a result of this transaction, Patel Mona Chetan now holds 5,000 shares worth roughly $12750.0.
Then, Patel Mona Chetan bought 1,000 shares, generating $3,200 in total proceeds. Upon buying the shares at $3.20, the Director now owns 1,000 shares.
Before that, Lucas Brent T. bought 12,380 shares. Envoy Medical Inc shares valued at $11,990 were divested by the Chief Executive Officer at a price of $0.97 per share. As a result of the transaction, Lucas Brent T. now holds 120,831 shares, worth roughly $0.31 million.
Ascendiant Capital Markets initiated its Envoy Medical Inc [COCH] rating to a Buy in a research note published on June 24, 2024; the price target was $8.50.
Price Performance Review of COCH
On Friday, Envoy Medical Inc [NASDAQ:COCH] saw its stock fall -3.77% to $2.55. Over the last five days, the stock has gained 4.08%. Envoy Medical Inc shares have risen nearly 40.84% since the year began. Nevertheless, the stocks have risen 104.00% over the past one year. While a 52-week high of $11.46 was reached on 03/07/24, a 52-week low of $0.75 was recorded on 01/30/24. SMA at 50 days reached $2.98, while 200 days put it at $3.17.
Levels Of Support And Resistance For COCH Stock
The 24-hour chart illustrates a support level at 2.12, which if violated will result in even more drops to 1.68. On the upside, there is a resistance level at 3.04. A further resistance level may holdings at 3.52. The Relative Strength Index (RSI) on the 14-day chart is 43.53, 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 low at 58.70%. Stochastics %K at 38.88% indicates the stock is a holding.
How much short interest is there in Envoy Medical Inc?
A steep rise in short interest was recorded in Envoy Medical Inc stocks on 2024-10-15, growing by 16844.0 shares to a total of 44111.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 27267.0 shares. There was a rise of 38.19%, which implies that there is a positive sentiment for the stock.
