Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Corsair Gaming Inc shares valued at $20,113 were sold by Potter Michael G on Jul 05 ’24. At $10.33 per share, Potter Michael G sold 1,947 shares. The insider’s holdings dropped to 70,412 shares worth approximately $0.68 million following the completion of this transaction.
Analysts at Wedbush upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in late July. As of April 17, 2023, Goldman has initiated its “Neutral” rating for CRSR. Earlier on February 06, 2023, Wedbush downgraded its rating. Their new recommendation was “a Neutral” for CRSR stock which previously was a “an Outperform”.
Analyzing CRSR Stock Performance
During the last five days, there has been a surge of approximately 3.44%. Over the course of the year, Corsair Gaming Inc shares have jumped approximately 45.39%. Shares of the company reached a 52-week high of $9.92 on 02/05/25 and a 52-week low of $6.61 on 01/02/25. A 50-day SMA is recorded $7.81, while a 200-day SMA reached $8.33. Nevertheless, trading volume fell to 1.31 million shares from 0.81 million shares the previous day.
Support And Resistance Levels for Corsair Gaming Inc (CRSR)
According to the 24-hour chart, there is a support level at 9.43, which, if violated, would cause prices to drop to 9.25. In the upper region, resistance lies at 9.84. The next price resistance is at 10.07. RSI (Relative Strength Index) is 69.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.45, which suggests the price will decrease in the coming days. Percent R is at 16.02%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
