Quoin Pharmaceuticals Ltd ADR’s filing revealed that its Chief Operating Officer Carter Denise P. acquired Company’s shares for reported $0.25 million on Dec 23 ’24. In the deal valued at $0.45 per share,555,556 shares were bought. As a result of this transaction, Carter Denise P. now holds 602,648 shares worth roughly $0.2 million.
Then, Myers Michael bought 555,556 shares, generating $250,000 in total proceeds. Upon buying the shares at $0.45, the Chief Executive Officer now owns 602,808 shares.
Before that, Dunn Gordon bought 122,221 shares. Quoin Pharmaceuticals Ltd ADR shares valued at $54,999 were divested by the Chief Financial Officer at a price of $0.45 per share. As a result of the transaction, Dunn Gordon now holds 151,077 shares, worth roughly $49855.41.
Price Performance Review of QNRX
On Friday, Quoin Pharmaceuticals Ltd ADR [NASDAQ:QNRX] saw its stock jump 15.26% to $0.33. Over the last five days, the stock has lost -12.58%. Quoin Pharmaceuticals Ltd ADR shares have fallen nearly -48.82% since the year began. Nevertheless, the stocks have fallen -91.14% over the past one year. While a 52-week high of $6.18 was reached on 01/03/25, a 52-week low of $0.28 was recorded on 01/30/25. SMA at 50 days reached $0.5970, while 200 days put it at $0.6380.
Levels Of Support And Resistance For QNRX Stock
The 24-hour chart illustrates a support level at 0.2901, which if violated will result in even more drops to 0.2473. On the upside, there is a resistance level at 0.3779. A further resistance level may holdings at 0.4229. The Relative Strength Index (RSI) on the 14-day chart is 32.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1521, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.76%. Stochastics %K at 5.96% indicates the stock is a buying.
How much short interest is there in Quoin Pharmaceuticals Ltd ADR?
A steep rise in short interest was recorded in Quoin Pharmaceuticals Ltd ADR stocks on 2024-10-15, dropping by -0.17 million shares to a total of 19172.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.19 million shares. There was a decline of -909.44%, which implies that there is a negative sentiment for the stock.
