The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nexgel Inc shares valued at $5,000 were purchased by Henry Scott Robert on Nov 20 ’24. At $2.75 per share, Henry Scott Robert acquired 1,818 shares. The insider’s holdings grew to 147,553 shares worth approximately $0.66 million following the completion of this transaction.
Also, Levy Adam R. purchased 3,636 shares, netting a total of over 9,999 in proceeds. Following the buying of shares at $2.75 each, the insider now holds 333,196 shares.
Before that, ZELDIS JEROME B had added 3,636 shares to its account. In a trade valued at $9,999, the Director bought Nexgel Inc shares for $2.75 each. Upon closing the transaction, the insider’s holdings increased to 3,636 shares, worth approximately $0.48 million.
Analyzing NXGL Stock Performance
During the last five days, there has been a surge of approximately 32.69%. Over the course of the year, Nexgel Inc shares have jumped approximately 110.56%. Shares of the company reached a 52-week high of $4.73 on 12/12/24 and a 52-week low of $1.84 on 06/21/24. A 50-day SMA is recorded $3.11, while a 200-day SMA reached $2.61. Nevertheless, trading volume fell to 0.55 million shares from 0.5 million shares the previous day.
Support And Resistance Levels for Nexgel Inc (NXGL)
According to the 24-hour chart, there is a support level at 4.22, which, if violated, would cause prices to drop to 3.95. In the upper region, resistance lies at 4.74. The next price resistance is at 5.00. RSI (Relative Strength Index) is 74.94 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.47, which suggests the price will decrease in the coming days. Percent R is at 14.97%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
