In a filing, Avinger Inc revealed its Vice President, Finance Subainati Nabeel Paul unloaded Company’s shares for reported $699.0 on Jan 23 ’25. In the deal valued at $0.56 per share,1,255 shares were sold. As a result of this transaction, Subainati Nabeel Paul now holds 3,296 shares worth roughly $1483.2.
Then, SOINSKI JEFFREY M sold 3,690 shares, generating $2,054 in total proceeds. Upon selling the shares at $0.56, the Chief Executive Officer now owns 55,265 shares.
Before that, Patel Himanshu sold 2,215 shares. Avinger Inc shares valued at $1,233 were divested by the Chief Technology Officer at a price of $0.56 per share. As a result of the transaction, Patel Himanshu now holds 39,062 shares, worth roughly $17577.9.
B. Riley Securities initiated its Avinger Inc [AVGR] rating to a Buy in a research note published on June 29, 2021; the price target was $2.50. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Oppenheimer also remained covering AVGR and has decreased its forecast on April 12, 2017 with a “Perform” recommendation from previously “an Outperform” rating. Canaccord Genuity revised its rating on April 11, 2017. It rated AVGR as “a Hold” which previously was an “a Buy”.
Price Performance Review of AVGR
On Tuesday, Avinger Inc [NASDAQ:AVGR] saw its stock fall -6.25% to $0.45. Over the last five days, the stock has lost -20.91%. Avinger Inc shares have fallen nearly -44.99% since the year began. Nevertheless, the stocks have fallen -83.39% over the past one year. While a 52-week high of $5.45 was reached on 01/02/25, a 52-week low of $0.36 was recorded on 02/06/25. SMA at 50 days reached $0.6827, while 200 days put it at $1.3834.
Levels Of Support And Resistance For AVGR Stock
The 24-hour chart illustrates a support level at 0.3934, which if violated will result in even more drops to 0.3369. On the upside, there is a resistance level at 0.5131. A further resistance level may holdings at 0.5763. The Relative Strength Index (RSI) on the 14-day chart is 41.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0865, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.72%. Stochastics %K at 27.08% indicates the stock is a holding.
How much short interest is there in Avinger Inc?
A steep rise in short interest was recorded in Avinger Inc stocks on 2024-10-15, growing by 29235.0 shares to a total of 0.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 93168.0 shares. There was a rise of 23.88%, which implies that there is a positive sentiment for the stock.
