Edible Garden AG Inc’s recent filing unveils that its Director McConnell Mathew J. acquired Company’s shares for reported $334.0 on Nov 27 ’24. In the deal valued at $0.17 per share,2,013 shares were bought. As a result of this transaction, McConnell Mathew J. now holds 2,153 shares worth roughly $409.07.
Then, Kras James E. bought 22,200 shares, generating $3,756 in total proceeds. Upon buying the shares at $0.17, the President and CEO now owns 36,064 shares.
Before that, Kras James E. bought 11,500 shares. Edible Garden AG Inc shares valued at $1,939 were divested by the President and CEO at a price of $0.17 per share. As a result of the transaction, Kras James E. now holds 13,864 shares, worth roughly $2634.16.
Price Performance Review of EDBL
On Monday, Edible Garden AG Inc [NASDAQ:EDBL] saw its stock fall -3.85% to $0.19. Over the last five days, the stock has lost -15.72%. Edible Garden AG Inc shares have fallen nearly -42.46% since the year began. Nevertheless, the stocks have fallen -97.94% over the past one year. While a 52-week high of $12.47 was reached on 01/06/25, a 52-week low of $0.12 was recorded on 02/10/25. SMA at 50 days reached $0.2341, while 200 days put it at $1.1425.
Levels Of Support And Resistance For EDBL Stock
The 24-hour chart illustrates a support level at 0.1778, which if violated will result in even more drops to 0.1706. On the upside, there is a resistance level at 0.1944. A further resistance level may holdings at 0.2038. The Relative Strength Index (RSI) on the 14-day chart is 35.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0452, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.43%. Stochastics %K at 8.00% indicates the stock is a buying.
How much short interest is there in Edible Garden AG Inc?
A steep rise in short interest was recorded in Edible Garden AG Inc stocks on 2024-10-31, growing by 59311.0 shares to a total of 0.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.24 million shares. There was a rise of 19.54%, which implies that there is a positive sentiment for the stock.
