Mama’s Creations Inc’s recent filing unveils that its Chief Executive Officer Michaels Adam Laurance unloaded Company’s shares for reported $0.49 million on Sep 24 ’24. In the deal valued at $7.42 per share,65,898 shares were sold. As a result of this transaction, Michaels Adam Laurance now holds 543,260 shares worth roughly $4.11 million.
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Then, Michaels Adam Laurance bought 65,898 shares, generating $489,186 in total proceeds.
ROTH MKM initiated its Mama’s Creations Inc [MAMA] rating to a Buy in a research note published on February 01, 2024; the price target was $6. A number of analysts have revised their coverage, including Maxim Group’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating.
Price Performance Review of MAMA
On Tuesday, Mama’s Creations Inc [NASDAQ:MAMA] saw its stock fall -0.53% to $7.56. Over the last five days, the stock has lost -8.36%. Mama’s Creations Inc shares have risen nearly 53.97% since the year began. Nevertheless, the stocks have risen 62.23% over the past one year. While a 52-week high of $9.98 was reached on 12/05/24, a 52-week low of $4.17 was recorded on 02/05/24. SMA at 50 days reached $8.38, while 200 days put it at $7.19.
Levels Of Support And Resistance For MAMA Stock
The 24-hour chart illustrates a support level at 7.47, which if violated will result in even more drops to 7.38. On the upside, there is a resistance level at 7.69. A further resistance level may holdings at 7.83. The Relative Strength Index (RSI) on the 14-day chart is 34.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.74%. Stochastics %K at 12.21% indicates the stock is a buying.
How much short interest is there in Mama’s Creations Inc?
A steep rise in short interest was recorded in Mama’s Creations Inc stocks on 2024-11-29, dropping by 9014.0 shares to a total of 1.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.93 million shares. There was a decline of -0.47%, which implies that there is a negative sentiment for the stock.
