Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Opus Genetics Inc shares valued at $97,600 were purchased by Magrath George on Dec 26 ’24. At $0.98 per share, Magrath George acquired 100,000 shares. The insider’s holdings grew to 599,150 shares worth approximately $0.87 million following the completion of this transaction.
Also, YERXA BENJAMIN R purchased 10,000 shares, netting a total of over 9,834 in proceeds. Following the buying of shares at $0.98 each, the insider now holds 342,800 shares.
Before that, Magrath George had added 90,294 shares to its account. In a trade valued at $91,215, the Chief Executive Officer bought Opus Genetics Inc shares for $1.01 each. Upon closing the transaction, the insider’s holdings increased to 90,294 shares, worth approximately $0.7 million.
Analyzing IRD Stock Performance
During the last five days, there has been a surge of approximately 21.85%. Over the course of the year, Opus Genetics Inc shares have jumped approximately 21.85%. Shares of the company reached a 52-week high of $1.5600 on 01/07/25 and a 52-week low of $1.1800 on 01/02/25. A 50-day SMA is recorded $1.1279, while a 200-day SMA reached $1.4789.
Support And Resistance Levels for Opus Genetics Inc (IRD)
According to the 24-hour chart, there is a support level at 1.4033, which, if violated, would cause prices to drop to 1.3567. In the upper region, resistance lies at 1.5033. The next price resistance is at 1.5567. RSI (Relative Strength Index) is 68.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.2684, which suggests the price will decrease in the coming days. Percent R is at 14.67%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
