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A Guide To The Risks Of Investing In VolitionRX Ltd (VNRX)

VolitionRX Ltd’s recently made public that its Director Innes Guy Archibald acquired Company’s shares for reported $100000.0 on Dec 09 ’24. In the deal valued at $0.57 per share,174,764 shares were bought. As a result of this transaction, Innes Guy Archibald now holds 617,085 shares worth roughly $0.4 million.

Then, STILL TIMOTHY I bought 87,382 shares, generating $50,000 in total proceeds. Upon buying the shares at $0.57, the Director now owns 1,487,382 shares.

Before that, Micallef Jacob Vincent bought 43,691 shares. VolitionRX Ltd shares valued at $25,000 were divested by the Chief Scientific Officer at a price of $0.57 per share. As a result of the transaction, Micallef Jacob Vincent now holds 394,352 shares, worth roughly $0.26 million.

The Benchmark Company downgraded its VolitionRX Ltd [VNRX] rating to a Hold from a a Buy in a research note published recently. Cantor Fitzgerald began covering VNRX with “an Overweight” recommendation on March 10, 2021. Maxim Group started covering the stock on May 16, 2018. It rated VNRX as “a Buy”.

Price Performance Review of VNRX

On Tuesday, VolitionRX Ltd [AMEX:VNRX] saw its stock jump 5.69% to $0.65. Over the last five days, the stock has gained 10.02%. VolitionRX Ltd shares have fallen nearly -9.62% since the year began. Nevertheless, the stocks have fallen -3.34% over the past one year. While a 52-week high of $1.23 was reached on 02/06/24, a 52-week low of $0.43 was recorded on 08/09/24. SMA at 50 days reached $0.6626, while 200 days put it at $0.6925.

Levels Of Support And Resistance For VNRX Stock

The 24-hour chart illustrates a support level at 0.6253, which if violated will result in even more drops to 0.6027. On the upside, there is a resistance level at 0.6653. A further resistance level may holdings at 0.6827. The Relative Strength Index (RSI) on the 14-day chart is 51.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0362, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.72%. Stochastics %K at 74.89% indicates the stock is a holding.

How much short interest is there in VolitionRX Ltd?

A steep rise in short interest was recorded in VolitionRX Ltd stocks on 2024-10-31, growing by 12183.0 shares to a total of 0.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.43 million shares. There was a rise of 2.76%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on May 14, 2018 when The Benchmark Company resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $5.

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