Edible Garden AG Inc’s filing revealed 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 $ 430.6.
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 $2772.8.
Price Performance Review of EDBL
On Friday, Edible Garden AG Inc [NASDAQ:EDBL] saw its stock jump 13.84% to $0.20. Over the last five days, the stock has gained 4.73%. Edible Garden AG Inc shares have fallen nearly -37.33% since the year began. Nevertheless, the stocks have fallen -97.81% 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 02/12/25. SMA at 50 days reached $0.2358, while 200 days put it at $1.0301.
Levels Of Support And Resistance For EDBL Stock
The 24-hour chart illustrates a support level at 0.1824, which if violated will result in even more drops to 0.1634. On the upside, there is a resistance level at 0.2147. A further resistance level may holdings at 0.2280. The Relative Strength Index (RSI) on the 14-day chart is 43.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0240, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.33%. Stochastics %K at 17.78% 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 2025-01-31, dropping by -1.56 million shares to a total of 0.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 2.51 million shares. There was a decline of -163.93%, which implies that there is a negative sentiment for the stock.
