In a filing, EON Resources Inc revealed its 10% Owner Pogo Royalty, LLC unloaded Company’s shares for reported $1.7 million on Jan 21 ’25. In the deal valued at $1.59 per share,1,071,897 shares were sold. As a result of this transaction, Pogo Royalty, LLC now holds 500,000 shares worth roughly $0.56 million.
Then, Pogo Royalty, LLC sold 429,125 shares, generating $652,613 in total proceeds. Upon selling the shares at $1.52, the 10% Owner now owns 1,571,897 shares.
Before that, Caravaggio Dante bought 1,000 shares. EON Resources Inc shares valued at $615 were divested by the Chief Executive Officer at a price of $0.61 per share. As a result of the transaction, Caravaggio Dante now holds 550,000 shares, worth roughly $0.61 million.
Price Performance Review of EONR
On Friday, EON Resources Inc [AMEX:EONR] saw its stock fall -4.31% to $1.11. Over the last five days, the stock has gained 13.83%. EON Resources Inc shares have risen nearly 35.40% since the year began. Nevertheless, the stocks have fallen -48.37% 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 $0.8738, while 200 days put it at $1.7210.
Levels Of Support And Resistance For EONR Stock
The 24-hour chart illustrates a support level at 1.0233, which if violated will result in even more drops to 0.9367. On the upside, there is a resistance level at 1.1733. A further resistance level may holdings at 1.2367. The Relative Strength Index (RSI) on the 14-day chart is 55.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1819, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.82%. Stochastics %K at 44.04% 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.
