In a filing, Profire Energy Inc revealed its Co-CEO Oviatt Ryan W acquired Company’s shares for reported $5997.0 on May 16 ’24. In the deal valued at $1.42 per share,4,223 shares were bought. As a result of this transaction, Oviatt Ryan W now holds 698,001 shares worth roughly $1.75 million.
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Then, Oviatt Ryan W bought 3,950 shares, generating $5,728 in total proceeds. Upon buying the shares at $1.45, the Co-CEO now owns 701,951 shares.
Chardan Capital Markets downgraded its Profire Energy Inc [PFIE] rating to a Neutral from a a Buy in a research note published recently. Chardan Capital Markets also remained covering PFIE and reiterated its “Buy” recommendation on March 13, 2017. Chardan Capital Markets revised its rating on December 15, 2016. It rated PFIE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PFIE
On Friday, Profire Energy Inc [NASDAQ:PFIE] saw its stock jump 0.40% to $2.51. Over the last five days, the stock has gained 44.25%. Profire Energy Inc shares have risen nearly 38.67% since the year began. Nevertheless, the stocks have risen 35.68% over the past one year. While a 52-week high of $2.52 was reached on 10/31/24, a 52-week low of $1.33 was recorded on 08/05/24. SMA at 50 days reached $1.70, while 200 days put it at $1.62.
Levels Of Support And Resistance For PFIE Stock
The 24-hour chart illustrates a support level at 2.50, which if violated will result in even more drops to 2.50. On the upside, there is a resistance level at 2.51. A further resistance level may holdings at 2.52. The Relative Strength Index (RSI) on the 14-day chart is 82.01, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.98%. Stochastics %K at 98.37% indicates the stock is a selling.
How much short interest is there in Profire Energy Inc?
A steep rise in short interest was recorded in Profire Energy Inc stocks on 2024-10-15, dropping by -0.11 million shares to a total of 0.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.29 million shares. There was a decline of -60.99%, which implies that there is a negative sentiment for the stock.
