EON Resources Inc’s recently made public 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 $0.26 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 $0.29 million.
Price Performance Review of EONR
On Monday, EON Resources Inc [AMEX:EONR] saw its stock fall -4.71% to $0.52. Over the last five days, the stock has lost -10.70%. EON Resources Inc shares have fallen nearly -36.08% since the year began. Nevertheless, the stocks have fallen -72.20% 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 03/03/25. SMA at 50 days reached $0.7890, while 200 days put it at $1.4950.
Levels Of Support And Resistance For EONR Stock
The 24-hour chart illustrates a support level at 0.5040, which if violated will result in even more drops to 0.4839. On the upside, there is a resistance level at 0.5401. A further resistance level may holdings at 0.5561. The Relative Strength Index (RSI) on the 14-day chart is 33.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0613, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.42%. Stochastics %K at 13.31% indicates the stock is a buying.
