The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nexgel Inc shares valued at $10,096 were sold by Henry Scott Robert on Jan 07 ’25. At $3.37 per share, Henry Scott Robert sold 3,000 shares. The insider’s holdings dropped to 141,553 shares worth approximately $0.49 million following the completion of this transaction.
Also, Levy Adam R. sold 4,000 shares, netting a total of over 15,828 in proceeds. Following the sale of shares at $3.96 each, the insider now holds 382,284 shares.
Before that, Levy Adam R. had added 16,000 shares to its account. In a trade valued at $64,480, the Officer bought Nexgel Inc shares for $4.03 each.
Analyzing NXGL Stock Performance
During the last five days, there has been a drop of approximately -23.09%. Over the course of the year, Nexgel Inc shares have dropped approximately -23.09%. Shares of the company reached a 52-week high of $4.53 on 01/02/25 and a 52-week low of $3.31 on 01/07/25. A 50-day SMA is recorded $3.64, while a 200-day SMA reached $2.75. Nevertheless, trading volume fell to 54224.0 shares from 0.11 million shares the previous day.
Support And Resistance Levels for Nexgel Inc (NXGL)
According to the 24-hour chart, there is a support level at 3.35, which, if violated, would cause prices to drop to 3.28. In the upper region, resistance lies at 3.55. The next price resistance is at 3.68. RSI (Relative Strength Index) is 37.72 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.73, which suggests the price will decrease in the coming days. Percent R is at 92.68%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
