Cytosorbents Corp’s recent filing unveils that its Chief Financial Officer MARIANI PETER J acquired Company’s shares for reported $19294.0 on Dec 13 ’24. In the deal valued at $0.96 per share,20,000 shares were bought. As a result of this transaction, MARIANI PETER J now holds 401,363 shares worth roughly $0.42 million.
Then, MARIANI PETER J bought 20,000 shares, generating $17,872 in total proceeds. Upon buying the shares at $0.89, the Chief Financial Officer now owns 381,363 shares.
Before that, MARIANI PETER J bought 11,363 shares. Cytosorbents Corp shares valued at $10,103 were divested by the Chief Financial Officer at a price of $0.89 per share. As a result of the transaction, MARIANI PETER J now holds 361,363 shares, worth roughly $0.38 million.
B. Riley Securities initiated its Cytosorbents Corp [CTSO] rating to a Buy in a research note published on September 07, 2023; the price target was $4. Jefferies began covering CTSO with “Buy” recommendation on September 17, 2020. SVB Leerink started covering the stock on September 01, 2020. It rated CTSO as “an Outperform”.
Price Performance Review of CTSO
On Monday, Cytosorbents Corp [NASDAQ:CTSO] saw its stock jump 11.04% to $1.04. Over the last five days, the stock has gained 10.65%. Cytosorbents Corp shares have risen nearly 14.29% since the year began. Nevertheless, the stocks have risen 7.77% over the past one year. While a 52-week high of $1.59 was reached on 01/06/25, a 52-week low of $0.70 was recorded on 01/03/25. SMA at 50 days reached $0.9273, while 200 days put it at $0.9797.
Levels Of Support And Resistance For CTSO Stock
The 24-hour chart illustrates a support level at 0.9650, which if violated will result in even more drops to 0.8900. On the upside, there is a resistance level at 1.1300. A further resistance level may holdings at 1.2200. The Relative Strength Index (RSI) on the 14-day chart is 60.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0619, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.65%. Stochastics %K at 52.30% indicates the stock is a holding.
How much short interest is there in Cytosorbents Corp?
A steep rise in short interest was recorded in Cytosorbents Corp stocks on 2024-12-13, growing by 98954.0 shares to a total of 1.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.31 million shares. There was a rise of 7.05%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 08, 2017 when Maxim Group resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $12.
