Worksport Ltd’s filing revealed that its CEO and President Rossi Steven F. acquired Company’s shares for reported $25000.0 on Nov 19 ’24. In the deal valued at $0.75 per share,33,333 shares were bought. As a result of this transaction, Rossi Steven F. now holds 2,525,871 shares worth roughly $0.88 million.
Price Performance Review of WKSP
On Monday, Worksport Ltd [NASDAQ:WKSP] saw its stock fall -4.90% to $0.35. Over the last five days, the stock has lost -37.15%. Worksport Ltd shares have fallen nearly -62.21% since the year began. Nevertheless, the stocks have fallen -61.44% over the past one year. While a 52-week high of $1.20 was reached on 01/06/25, a 52-week low of $0.36 was recorded on 03/17/25. SMA at 50 days reached $0.8038, while 200 days put it at $0.6975.
Levels Of Support And Resistance For WKSP Stock
The 24-hour chart illustrates a support level at 0.3218, which if violated will result in even more drops to 0.2958. On the upside, there is a resistance level at 0.3669. A further resistance level may holdings at 0.3860. The Relative Strength Index (RSI) on the 14-day chart is 23.28, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1613, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.30%. Stochastics %K at 6.82% indicates the stock is a buying.
How much short interest is there in Worksport Ltd?
A steep rise in short interest was recorded in Worksport Ltd stocks on 2025-02-28, growing by 0.16 million shares to a total of 0.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.62 million shares. There was a rise of 20.99%, which implies that there is a positive sentiment for the stock.
