In a filing, Viemed Healthcare Inc revealed its Director Kaushal Nitin unloaded Company’s shares for reported $0.21 million on Nov 25 ’24. In the deal valued at $8.70 per share,24,005 shares were sold. As a result of this transaction, Kaushal Nitin now holds 126,843 shares worth roughly $ 0.99 million.
Then, Kaushal Nitin sold 5,995 shares, generating $51,437 in total proceeds. Upon selling the shares at $8.58, the Director now owns 126,843 shares.
Before that, Kaushal Nitin sold 15,000 shares. Viemed Healthcare Inc shares valued at $128,400 were divested by the Director at a price of $8.56 per share. As a result of the transaction, Kaushal Nitin now holds 126,843 shares, worth roughly $0.99 million.
RBC Capital Mkts initiated its Viemed Healthcare Inc [VMD] rating to an Outperform in a research note published on March 05, 2021; the price target was $13.
Price Performance Review of VMD
On Friday, Viemed Healthcare Inc [NASDAQ:VMD] saw its stock fall -2.00% to $7.83. Over the last five days, the stock has lost -1.76%. Viemed Healthcare Inc shares have fallen nearly -2.37% since the year began. Nevertheless, the stocks have fallen -6.56% over the past one year. While a 52-week high of $10.44 was reached on 01/27/25, a 52-week low of $6.21 was recorded on 01/10/25. SMA at 50 days reached $8.23, while 200 days put it at $7.78.
Levels Of Support And Resistance For VMD Stock
The 24-hour chart illustrates a support level at 7.74, which if violated will result in even more drops to 7.64. On the upside, there is a resistance level at 7.98. A further resistance level may holdings at 8.12. The Relative Strength Index (RSI) on the 14-day chart is 40.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.09%. Stochastics %K at 14.94% indicates the stock is a buying.
How much short interest is there in Viemed Healthcare Inc?
A steep rise in short interest was recorded in Viemed Healthcare Inc stocks on 2025-01-31, dropping by 40597.0 shares to a total of 0.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.34 million shares. There was a decline of -13.36%, which implies that there is a negative sentiment for the stock.
