In a filing, Rockwell Medical Inc revealed its SVP, Chief Commercial Officer Chole Timothy unloaded Company’s shares for reported $2052.0 on Jan 02 ’25. In the deal valued at $2.05 per share,1,001 shares were sold. As a result of this transaction, Chole Timothy now holds 54,170 shares worth roughly $65004.0.
Then, Strobeck Mark sold 2,163 shares, generating $4,445 in total proceeds. Upon selling the shares at $2.06, the President and CEO now owns 145,038 shares.
Before that, Strobeck Mark bought 2,163 shares. Rockwell Medical Inc shares valued at $4,445 were divested by the Officer at a price of $2.06 per share.
Rodman & Renshaw initiated its Rockwell Medical Inc [RMTI] rating to a Buy in a research note published on November 14, 2024; the price target was $5. A number of analysts have revised their coverage, including Piper Jaffray’s analysts, who began to cover the stock in late June with a ‘”an Overweight”‘ rating. H.C. Wainwright began covering RMTI with “Buy” recommendation on May 13, 2019. BofA/Merrill revised its rating on November 08, 2016. It rated RMTI as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of RMTI
On Tuesday, Rockwell Medical Inc [NASDAQ:RMTI] saw its stock fall -4.76% to $1.20. Over the last five days, the stock has lost -30.64%. Rockwell Medical Inc shares have fallen nearly -41.18% since the year began. Nevertheless, the stocks have fallen -21.05% over the past one year. While a 52-week high of $5.15 was reached on 01/06/25, a 52-week low of $1.26 was recorded on 03/25/25. SMA at 50 days reached $1.8182, while 200 days put it at $2.4620.
Levels Of Support And Resistance For RMTI Stock
The 24-hour chart illustrates a support level at 1.1549, which if violated will result in even more drops to 1.1097. On the upside, there is a resistance level at 1.2703. A further resistance level may holdings at 1.3405. The Relative Strength Index (RSI) on the 14-day chart is 26.29, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2814, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.06%. Stochastics %K at 10.38% indicates the stock is a buying.
How much short interest is there in Rockwell Medical Inc?
A steep rise in short interest was recorded in Rockwell Medical Inc stocks on 2025-03-14, growing by 81559.0 shares to a total of 0.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.44 million shares. There was a rise of 15.67%, which implies that there is a positive sentiment for the stock.
