In a filing, EON Resources Inc revealed its 10% Owner Pogo Royalty, LLC unloaded Company’s shares for reported $0.65 million on Jan 08 ’25. In the deal valued at $1.52 per share,429,125 shares were sold. As a result of this transaction, Pogo Royalty, LLC now holds 1,571,897 shares worth roughly $2.11 million.
Then, Caravaggio Dante bought 1,000 shares, generating $615 in total proceeds. Upon buying the shares at $0.61, the Chief Executive Officer now owns 550,000 shares.
Before that, Williams Mark bought 50,000 shares. EON Resources Inc shares valued at $50,000 were divested by the VP of Finance and Admin at a price of $1.00 per share. As a result of the transaction, Williams Mark now holds 95,000 shares, worth roughly $0.13 million.
Price Performance Review of EONR
On Tuesday, EON Resources Inc [AMEX:EONR] saw its stock jump 31.37% to $1.34. Over the last five days, the stock has gained 18.58%. EON Resources Inc shares have risen nearly 63.45% since the year began. Nevertheless, the stocks have fallen -29.47% over the past one year. While a 52-week high of $6.00 was reached on 01/21/25, a 52-week low of $0.51 was recorded on 01/07/25. SMA at 50 days reached $0.8698, while 200 days put it at $1.7453.
Levels Of Support And Resistance For EONR Stock
The 24-hour chart illustrates a support level at 1.0933, which if violated will result in even more drops to 0.8467. On the upside, there is a resistance level at 1.7433. A further resistance level may holdings at 2.1467. The Relative Strength Index (RSI) on the 14-day chart is 66.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1687, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.59%. Stochastics %K at 48.02% indicates the stock is a holding.
How much short interest is there in EON Resources Inc?
A steep rise in short interest was recorded in EON Resources Inc stocks on 2024-10-31, growing by 44553.0 shares to a total of 60386.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 15833.0 shares. There was a rise of 73.78%, which implies that there is a positive sentiment for the stock.
