Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Catheter Precision Inc shares valued at $5,694 were purchased by JENKINS DAVID A on Jan 23 ’24. At $0.60 per share, JENKINS DAVID A acquired 9,528 shares. The insider’s holdings grew to 329,856 shares worth approximately $0.16 million following the completion of this transaction.
Also, JENKINS DAVID A purchased 9,528 shares, netting a total of over 4,092 in proceeds. Following the buying of shares at $0.43 each, the insider now holds 320,328 shares.
Before that, JENKINS DAVID A had added 8,470 shares to its account. In a trade valued at $3,595, the Executive Chairman and CEO bought Catheter Precision Inc shares for $0.42 each. Upon closing the transaction, the insider’s holdings increased to 8,470 shares, worth approximately $0.16 million.
As published in a research note from Piper Jaffray on August 13, 2019, Catheter Precision Inc [VTAK] has been rated down from an Overweight to a Neutral and the price target has been revised to $1.50 from $9. Analysts at Maxim Group started covering the stock with ‘”a Buy”‘ outlook in a report released in early November.
Analyzing VTAK Stock Performance
During the last five days, there has been a surge of approximately 2.04%. Over the course of the year, Catheter Precision Inc shares have dropped approximately -87.63%. Shares of the company reached a 52-week high of $8.4000 on 07/01/24 and a 52-week low of $0.3112 on 10/09/24. A 50-day SMA is recorded $0.4831, while a 200-day SMA reached $3.2684. Nevertheless, trading volume fell to 1.34 million shares from 0.25 million shares the previous day.
Support And Resistance Levels for Catheter Precision Inc (VTAK)
According to the 24-hour chart, there is a support level at 0.4460, which, if violated, would cause prices to drop to 0.3921. In the upper region, resistance lies at 0.5864. The next price resistance is at 0.6729. RSI (Relative Strength Index) is 46.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0236, which suggests the price will decrease in the coming days. Percent R is at 58.95%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
