IGC Pharma Inc’s recent filing unveils that its Director Moran James P acquired Company’s shares for reported $0.2 million on Sep 25 ’24. In the deal valued at $0.34 per share,588,235 shares were bought. As a result of this transaction, Moran James P now holds 942,402 shares worth roughly $ 0.29 million.
Then, PRINS RICHARD K bought 200,000 shares, generating $78,200 in total proceeds.
Price Performance Review of IGC
On Friday, IGC Pharma Inc [AMEX:IGC] saw its stock jump 1.90% to $0.31. Over the last five days, the stock has gained 0.19%. IGC Pharma Inc shares have fallen nearly -7.26% since the year began. Nevertheless, the stocks have risen 5.56% over the past one year. While a 52-week high of $0.91 was reached on 01/22/25, a 52-week low of $0.27 was recorded on 02/13/25. SMA at 50 days reached $0.3447, while 200 days put it at $0.3996.
Levels Of Support And Resistance For IGC Stock
The 24-hour chart illustrates a support level at 0.3038, which if violated will result in even more drops to 0.2960. On the upside, there is a resistance level at 0.3182. A further resistance level may holdings at 0.3248. The Relative Strength Index (RSI) on the 14-day chart is 42.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0072, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.67%. Stochastics %K at 26.00% indicates the stock is a holding.
How much short interest is there in IGC Pharma Inc?
A steep rise in short interest was recorded in IGC Pharma Inc stocks on 2025-01-31, growing by 0.18 million shares to a total of 0.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.77 million shares. There was a rise of 19.4%, which implies that there is a positive sentiment for the stock.
