Genelux Corp’s filing revealed that its Director Tyree James L unloaded Company’s shares for reported $8512.0 on Dec 30 ’24. In the deal valued at $2.46 per share,3,460 shares were sold. As a result of this transaction, Tyree James L now holds 45,791 shares worth roughly $0.16 million.
Then, JAMES L TYREE bought 3,460 shares, generating $8,512 in total proceeds.
Before that, Zindrick Thomas sold 14,315 shares. Genelux Corp shares valued at $33,497 were divested by the President and CEO at a price of $2.34 per share. As a result of the transaction, Zindrick Thomas now holds 37,372 shares, worth roughly $0.13 million.
Guggenheim initiated its Genelux Corp [GNLX] rating to a Buy in a research note published on October 29, 2024; the price target was $8. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating. H.C. Wainwright began covering GNLX with “Buy” recommendation on November 27, 2023. Maxim Group started covering the stock on September 12, 2023. It rated GNLX as “a Buy”.
Price Performance Review of GNLX
On Tuesday, Genelux Corp [NASDAQ:GNLX] saw its stock fall -12.60% to $3.40. Over the last five days, the stock has lost -8.11%. Genelux Corp shares have risen nearly 44.07% since the year began. Nevertheless, the stocks have fallen -44.17% over the past one year. While a 52-week high of $6.50 was reached on 02/12/25, a 52-week low of $1.60 was recorded on 01/15/25. SMA at 50 days reached $3.96, while 200 days put it at $2.80.
Levels Of Support And Resistance For GNLX Stock
The 24-hour chart illustrates a support level at 3.09, which if violated will result in even more drops to 2.78. On the upside, there is a resistance level at 3.65. A further resistance level may holdings at 3.90. The Relative Strength Index (RSI) on the 14-day chart is 40.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.39%. Stochastics %K at 48.24% indicates the stock is a holding.
How much short interest is there in Genelux Corp?
A steep rise in short interest was recorded in Genelux Corp stocks on 2025-02-28, growing by 0.58 million shares to a total of 2.45 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.87 million shares. There was a rise of 23.81%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 15, 2023 when The Benchmark Company began covering the stock and recommended ‘”a Speculative buy”‘ rating along with a $10 price target.
