Inhibikase Therapeutics Inc’s recently made public that its Director Bellini Roberto acquired Company’s shares for reported $2.0 million on Oct 21 ’24. In the deal valued at $1.37 per share,1,460,000 shares were bought. As a result of this transaction, Bellini Roberto now holds 1,460,000 shares worth roughly $4.32 million.
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Then, Kush Arvind bought 145,000 shares, generating $198,650 in total proceeds. Upon buying the shares at $1.37, the Director now owns 145,000 shares.
Before that, Munshi Amit bought 365,000 shares. Inhibikase Therapeutics Inc shares valued at $500,050 were divested by the Director at a price of $1.37 per share. As a result of the transaction, Munshi Amit now holds 365,000 shares, worth roughly $1.08 million.
Price Performance Review of IKT
On Tuesday, Inhibikase Therapeutics Inc [NASDAQ:IKT] saw its stock unchanged to $2.96. Over the last five days, the stock has lost -26.95%. Inhibikase Therapeutics Inc shares have risen nearly 128.35% since the year began. Nevertheless, the stocks have risen 116.42% over the past one year. While a 52-week high of $4.20 was reached on 12/18/24, a 52-week low of $1.12 was recorded on 09/25/24. SMA at 50 days reached $2.68, while 200 days put it at $1.85.
Levels Of Support And Resistance For IKT Stock
The 24-hour chart illustrates a support level at 2.90, which if violated will result in even more drops to 2.85. On the upside, there is a resistance level at 3.03. A further resistance level may holdings at 3.11. The Relative Strength Index (RSI) on the 14-day chart is 48.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.07%. Stochastics %K at 28.83% indicates the stock is a holding.
How much short interest is there in Inhibikase Therapeutics Inc?
A steep rise in short interest was recorded in Inhibikase Therapeutics Inc stocks on 2024-10-31, growing by 0.14 million shares to a total of 0.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 44110.0 shares. There was a rise of 76.53%, which implies that there is a positive sentiment for the stock.
