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GEN Restaurant Group Inc [GENK] Investment Guide: What You Need to Know

GEN Restaurant Group Inc’s recently made public that its Co-Chief Executive Officer Kim David Wook Jin acquired Company’s shares for reported $31479.0 on Dec 19 ’24. In the deal valued at $7.36 per share,4,277 shares were bought. As a result of this transaction, Kim David Wook Jin now holds 151,870 shares worth roughly $0.95 million.

Then, Kim David Wook Jin bought 12,500 shares, generating $101,125 in total proceeds. Upon buying the shares at $8.09, the Co-Chief Executive Officer now owns 147,593 shares.

Before that, Kim David Wook Jin bought 3,954 shares. GEN Restaurant Group Inc shares valued at $31,237 were divested by the Co-Chief Executive Officer at a price of $7.90 per share. As a result of the transaction, Kim David Wook Jin now holds 135,093 shares, worth roughly $0.84 million.

Price Performance Review of GENK

On Friday, GEN Restaurant Group Inc [NASDAQ:GENK] saw its stock jump 22.79% to $6.25. Over the last five days, the stock has gained 7.76%. GEN Restaurant Group Inc shares have fallen nearly -16.44% since the year began. Nevertheless, the stocks have fallen -14.15% over the past one year. While a 52-week high of $14.46 was reached on 01/06/25, a 52-week low of $5.00 was recorded on 03/06/25. SMA at 50 days reached $6.45, while 200 days put it at $8.26.

Levels Of Support And Resistance For GENK Stock

The 24-hour chart illustrates a support level at 5.70, which if violated will result in even more drops to 5.14. On the upside, there is a resistance level at 7.11. A further resistance level may holdings at 7.96. The Relative Strength Index (RSI) on the 14-day chart is 56.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.13%. Stochastics %K at 26.40% indicates the stock is a holding.

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