Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CPI Aerostructures Inc shares valued at $16,850 were purchased by Rosenjack Richard C on Nov 19 ’24. At $3.37 per share, Rosenjack Richard C acquired 5,000 shares. The insider’s holdings grew to 39,711 shares worth approximately $0.18 million following the completion of this transaction.
Also, Levesque Pamela purchased 10,000 shares, netting a total of over 31,300 in proceeds. Following the buying of shares at $3.13 each, the insider now holds 35,777 shares.
Before that, Caswell Richard S had added 10,000 shares to its account. In a trade valued at $28,800, the Director bought CPI Aerostructures Inc shares for $2.88 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $0.6 million.
Analyzing CVU Stock Performance
During the last five days, there has been a surge of approximately 12.10%. Over the course of the year, CPI Aerostructures Inc shares have jumped approximately 12.10%. Shares of the company reached a 52-week high of $4.78 on 01/06/25 and a 52-week low of $4.04 on 01/02/25. A 50-day SMA is recorded $3.70, while a 200-day SMA reached $2.93. Nevertheless, trading volume fell to 71646.0 shares from 73600.0 shares the previous day.
Support And Resistance Levels for CPI Aerostructures Inc (CVU)
According to the 24-hour chart, there is a support level at 4.34, which, if violated, would cause prices to drop to 4.14. In the upper region, resistance lies at 4.70. The next price resistance is at 4.86. RSI (Relative Strength Index) is 72.64 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.49, which suggests the price will decrease in the coming days. Percent R is at 22.86%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.