EON Resources Inc’s filing revealed that its 10% Owner Pogo Royalty, LLC unloaded Company’s shares for reported $1.7 million on Jan 21 ’25. In the deal valued at $1.59 per share,1,071,897 shares were sold. As a result of this transaction, Pogo Royalty, LLC now holds 500,000 shares worth roughly $0.31 million.
Then, Pogo Royalty, LLC sold 429,125 shares, generating $652,613 in total proceeds. Upon selling the shares at $1.52, the 10% Owner now owns 1,571,897 shares.
Before that, Caravaggio Dante bought 1,000 shares. EON Resources Inc shares valued at $615 were divested by the Chief Executive Officer at a price of $0.61 per share. As a result of the transaction, Caravaggio Dante now holds 550,000 shares, worth roughly $0.34 million.
Price Performance Review of EONR
On Friday, EON Resources Inc [AMEX:EONR] saw its stock jump 2.11% to $0.62. Over the last five days, the stock has lost -6.47%. EON Resources Inc shares have fallen nearly -24.01% since the year began. Nevertheless, the stocks have fallen -67.21% over the past one year. While a 52-week high of $6.00 was reached on 01/21/25, a 52-week low of $0.51 was recorded on 02/20/25. SMA at 50 days reached $0.8128, while 200 days put it at $1.5490.
Levels Of Support And Resistance For EONR Stock
The 24-hour chart illustrates a support level at 0.6026, which if violated will result in even more drops to 0.5821. On the upside, there is a resistance level at 0.6412. A further resistance level may holdings at 0.6593. The Relative Strength Index (RSI) on the 14-day chart is 38.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0851, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.25%. Stochastics %K at 4.58% indicates the stock is a buying.
