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Investing in Alto Ingredients Inc (ALTO) Is Getting More Attractive

Alto Ingredients Inc’s filing revealed that its Director NATHAN GILBERT E acquired Company’s shares for reported $33475.0 on Nov 13 ’24. In the deal valued at $1.34 per share,25,000 shares were bought. As a result of this transaction, NATHAN GILBERT E now holds 700,575 shares worth roughly $1.01 million.

Then, NATHAN GILBERT E bought 5,000 shares, generating $6,625 in total proceeds. Upon buying the shares at $1.32, the Director now owns 31,200 shares.

Before that, McGregor Bryon T bought 37,000 shares. Alto Ingredients Inc shares valued at $50,424 were divested by the President & CEO at a price of $1.36 per share. As a result of the transaction, McGregor Bryon T now holds 834,265 shares, worth roughly $1.2 million.

Price Performance Review of ALTO

On Tuesday, Alto Ingredients Inc [NASDAQ:ALTO] saw its stock fall -0.69% to $1.44. Over the last five days, the stock has gained 2.86%. Alto Ingredients Inc shares have fallen nearly -45.86% since the year began. Nevertheless, the stocks have fallen -42.86% over the past one year. While a 52-week high of $3.00 was reached on 01/04/24, a 52-week low of $1.18 was recorded on 11/07/24. SMA at 50 days reached $1.5912, while 200 days put it at $1.6761.

Levels Of Support And Resistance For ALTO Stock

The 24-hour chart illustrates a support level at 1.4167, which if violated will result in even more drops to 1.3933. On the upside, there is a resistance level at 1.4567. A further resistance level may holdings at 1.4733. The Relative Strength Index (RSI) on the 14-day chart is 45.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0395, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.00%. Stochastics %K at 68.81% indicates the stock is a holding.

How much short interest is there in Alto Ingredients Inc?

A steep rise in short interest was recorded in Alto Ingredients Inc stocks on 2024-11-15, growing by 86705.0 shares to a total of 0.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 0.89 million shares. There was a rise of 8.91%, which implies that there is a positive sentiment for the stock.

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