Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Usio Inc shares valued at $300 were purchased by HOCH LOUIS A on Aug 23 ’24. At $1.50 per share, HOCH LOUIS A acquired 200 shares. The insider’s holdings grew to 3,195,317 shares worth approximately $7.64 million following the completion of this transaction.
Also, HOCH LOUIS A purchased 300 shares, netting a total of over 450 in proceeds. Following the buying of shares at $1.50 each, the insider now holds 3,195,117 shares.
Before that, HOCH LOUIS A had added 500 shares to its account. In a trade valued at $745, the Chairman, President and CEO bought Usio Inc shares for $1.49 each. Upon closing the transaction, the insider’s holdings increased to 500 shares, worth approximately $7.64 million.
Analyzing USIO Stock Performance
During the last five days, there has been a surge of approximately 63.70%. Over the course of the year, Usio Inc shares have jumped approximately 63.70%. Shares of the company reached a 52-week high of $2.92 on 01/07/25 and a 52-week low of $1.43 on 01/02/25. A 50-day SMA is recorded $1.48, while a 200-day SMA reached $1.50. Nevertheless, trading volume fell to 1.58 million shares from 6.75 million shares the previous day.
Support And Resistance Levels for Usio Inc (USIO)
According to the 24-hour chart, there is a support level at 2.12, which, if violated, would cause prices to drop to 1.85. In the upper region, resistance lies at 2.59. The next price resistance is at 2.79. RSI (Relative Strength Index) is 83.34 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.62, which suggests the price will decrease in the coming days. Percent R is at 31.74%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
