Worksport Ltd’s recently made public that its CEO and President Rossi Steven F. acquired Company’s shares for reported $25000.0 on Nov 19 ’24. In the deal valued at $0.75 per share,33,333 shares were bought. As a result of this transaction, Rossi Steven F. now holds 2,525,871 shares worth roughly $2.07 million.
Price Performance Review of WKSP
On Friday, Worksport Ltd [NASDAQ:WKSP] saw its stock jump 0.19% to $0.82. Over the last five days, the stock has lost -6.13%. Worksport Ltd shares have fallen nearly -10.52% since the year began. Nevertheless, the stocks have fallen -32.52% over the past one year. While a 52-week high of $1.54 was reached on 01/06/25, a 52-week low of $0.36 was recorded on 01/13/25. SMA at 50 days reached $0.7921, while 200 days put it at $0.6623.
Levels Of Support And Resistance For WKSP Stock
The 24-hour chart illustrates a support level at 0.7955, which if violated will result in even more drops to 0.7678. On the upside, there is a resistance level at 0.8554. A further resistance level may holdings at 0.8876. The Relative Strength Index (RSI) on the 14-day chart is 46.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0822, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.73%. Stochastics %K at 16.37% indicates the stock is a buying.
How much short interest is there in Worksport Ltd?
A steep rise in short interest was recorded in Worksport Ltd stocks on 2024-10-31, dropping by -0.31 million shares to a total of 0.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.23 million shares. There was a decline of -33.29%, which implies that there is a negative sentiment for the stock.
