EON Resources Inc’s recent filing unveils 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 $0.23 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 $0.25 million.
Price Performance Review of EONR
On Friday, EON Resources Inc [AMEX:EONR] saw its stock jump 22.07% to $0.45. Over the last five days, the stock has lost -0.44%. EON Resources Inc shares have fallen nearly -45.35% since the year began. Nevertheless, the stocks have fallen -77.82% over the past one year. While a 52-week high of $4.23 was reached on 01/21/25, a 52-week low of $0.36 was recorded on 03/14/25. SMA at 50 days reached $0.7533, while 200 days put it at $1.4122.
Levels Of Support And Resistance For EONR Stock
The 24-hour chart illustrates a support level at 0.3694, which if violated will result in even more drops to 0.2907. On the upside, there is a resistance level at 0.5083. A further resistance level may holdings at 0.5685. The Relative Strength Index (RSI) on the 14-day chart is 37.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0722, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.55%. Stochastics %K at 15.77% indicates the stock is a buying.
How much short interest is there in EON Resources Inc?
A steep rise in short interest was recorded in EON Resources Inc stocks on 2025-02-28, dropping by -0.16 million shares to a total of 0.29 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.45 million shares. There was a decline of -55.7%, which implies that there is a negative sentiment for the stock.
