Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 60 Degrees Pharmaceuticals Inc shares valued at $3,195 were purchased by DOW GEOFFREY S on Nov 21 ’24. At $0.91 per share, DOW GEOFFREY S acquired 3,500 shares. The insider’s holdings grew to 20,629 shares worth approximately $22485.61 following the completion of this transaction.
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
Also, DOW GEOFFREY S purchased 2,500 shares, netting a total of over 2,248 in proceeds. Following the buying of shares at $0.90 each, the insider now holds 16,129 shares.
Before that, DOW GEOFFREY S had added 1,000 shares to its account. In a trade valued at $924, the President and CEO bought 60 Degrees Pharmaceuticals Inc shares for $0.92 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $18670.61.
Analyzing SXTP Stock Performance
During the last five days, there has been a surge of approximately 18.48%. Over the course of the year, 60 Degrees Pharmaceuticals Inc shares have dropped approximately -91.09%. Shares of the company reached a 52-week high of $13.5588 on 01/08/24 and a 52-week low of $0.7015 on 10/30/24. A 50-day SMA is recorded $1.0235, while a 200-day SMA reached $2.3157. Nevertheless, trading volume fell to 0.26 million shares from 0.33 million shares the previous day.
Support And Resistance Levels for 60 Degrees Pharmaceuticals Inc (SXTP)
According to the 24-hour chart, there is a support level at 1.0167, which, if violated, would cause prices to drop to 0.9433. In the upper region, resistance lies at 1.1767. The next price resistance is at 1.2633. RSI (Relative Strength Index) is 55.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1233, which suggests the price will decrease in the coming days. Percent R is at 32.35%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
