Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cytosorbents Corp shares valued at $19,294 were purchased by MARIANI PETER J on Dec 13 ’24. At $0.96 per share, MARIANI PETER J acquired 20,000 shares. The insider’s holdings grew to 401,363 shares worth approximately $0.39 million following the completion of this transaction.
Also, MARIANI PETER J purchased 20,000 shares, netting a total of over 17,872 in proceeds. Following the buying of shares at $0.89 each, the insider now holds 381,363 shares.
Before that, MARIANI PETER J had added 11,363 shares to its account. In a trade valued at $10,103, the Chief Financial Officer bought Cytosorbents Corp shares for $0.89 each. Upon closing the transaction, the insider’s holdings increased to 11,363 shares, worth approximately $0.35 million.
As published in their initiating research note from B. Riley Securities on September 07, 2023, Cytosorbents Corp [CTSO] has been a Buy and the price target has been revised to $4. As of September 17, 2020, Jefferies has initiated its “Buy” rating for CTSO. Earlier on September 01, 2020, SVB Leerink initiated its rating. Their recommendation was “an Outperform” for CTSO stock.
Analyzing CTSO Stock Performance
During the last five days, there has been a surge of approximately 6.59%. Over the course of the year, Cytosorbents Corp shares have jumped approximately 6.59%. Shares of the company reached a 52-week high of $1.1450 on 01/06/25 and a 52-week low of $0.8224 on 01/03/25. A 50-day SMA is recorded $0.9251, while a 200-day SMA reached $0.9809. Nevertheless, trading volume fell to 0.37 million shares from 0.28 million shares the previous day.
Support And Resistance Levels for Cytosorbents Corp (CTSO)
According to the 24-hour chart, there is a support level at 0.9367, which, if violated, would cause prices to drop to 0.9035. In the upper region, resistance lies at 1.0066. The next price resistance is at 1.0433. RSI (Relative Strength Index) is 53.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0845, which suggests the price will decrease in the coming days. Percent R is at 52.79%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
