Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Eastside Distilling Inc shares valued at $31,486 were purchased by Liuzza Nicholas Reyland JR on Dec 10 ’24. At $0.82 per share, Liuzza Nicholas Reyland JR acquired 38,165 shares. The insider’s holdings grew to 49,000 shares worth approximately $41650.0 following the completion of this transaction.
Also, Liuzza Nicholas Reyland JR purchased 6,835 shares, netting a total of over 5,263 in proceeds. Following the buying of shares at $0.77 each, the insider now holds 10,835 shares.
Before that, Bigger Michael had sold 1,054,091 shares from its account. In a trade valued at $2,201,329, the 10% Owner traded Eastside Distilling Inc shares for $2.09 each. Upon closing the transaction, the insider’s holdings decreased to 1,054,091 shares, worth approximately $0.0.
Analyzing EAST Stock Performance
During the last five days, there has been a drop of approximately -11.72%. Over the course of the year, Eastside Distilling Inc shares have dropped approximately -11.72%. Shares of the company reached a 52-week high of $0.9900 on 01/02/25 and a 52-week low of $0.7000 on 01/07/25. A 50-day SMA is recorded $0.6768, while a 200-day SMA reached $0.8393. Nevertheless, trading volume fell to 0.12 million shares from 0.11 million shares the previous day.
Support And Resistance Levels for Eastside Distilling Inc (EAST)
According to the 24-hour chart, there is a support level at 0.7713, which, if violated, would cause prices to drop to 0.6926. In the upper region, resistance lies at 0.8894. The next price resistance is at 0.9288. RSI (Relative Strength Index) is 56.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0323, which suggests the price will decrease in the coming days. Percent R is at 45.21%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
