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. 60 Degrees Pharmaceuticals Inc shares valued at $9,375 were purchased by XU CHERYL on Dec 13 ’24. At $1.56 per share, XU CHERYL acquired 6,000 shares. The insider’s holdings grew to 52,078 shares worth approximately $56765.020000000004 following the completion of this transaction.
Also, XU CHERYL purchased 5,000 shares, netting a total of over 9,125 in proceeds. Following the buying of shares at $1.82 each, the insider now holds 46,078 shares.
Before that, XU CHERYL had added 2,000 shares to its account. In a trade valued at $2,900, the Director bought 60 Degrees Pharmaceuticals Inc shares for $1.45 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $58945.020000000004.
Analyzing SXTP Stock Performance
During the last five days, there has been a drop of approximately -15.50%. Over the course of the year, 60 Degrees Pharmaceuticals Inc shares have dropped approximately -15.50%. Shares of the company reached a 52-week high of $1.6000 on 01/08/25 and a 52-week low of $1.0600 on 01/08/25. A 50-day SMA is recorded $1.1525, while a 200-day SMA reached $2.0376. Nevertheless, trading volume fell to 14.46 million shares from 0.17 million shares the previous day.
Support And Resistance Levels for 60 Degrees Pharmaceuticals Inc (SXTP)
According to the 24-hour chart, there is a support level at 0.9000, which, if violated, would cause prices to drop to 0.7100. In the upper region, resistance lies at 1.4400. The next price resistance is at 1.7900. RSI (Relative Strength Index) is 43.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0431, which suggests the price will decrease in the coming days. Percent R is at 94.44%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
