In a filing, EON Resources Inc revealed its Director Salvucci Joseph V Sr acquired Company’s shares for reported $26845.0 on Mar 27 ’25. In the deal valued at $0.54 per share,50,000 shares were bought. As a result of this transaction, Salvucci Joseph V Sr now holds 1,405,170 shares worth roughly $0.72 million.
Then, Salvucci Joseph V Sr bought 19,420 shares, generating $10,073 in total proceeds. Upon buying the shares at $0.52, the Director now owns 1,355,170 shares.
Before that, Salvucci Joseph V Sr bought 20,000 shares. EON Resources Inc shares valued at $12,071 were divested by the Director at a price of $0.60 per share. As a result of the transaction, Salvucci Joseph V Sr now holds 1,335,750 shares, worth roughly $0.68 million.
Price Performance Review of EONR
On Friday, EON Resources Inc [AMEX:EONR] saw its stock fall -5.20% to $0.51. Over the last five days, the stock has lost -16.65%. EON Resources Inc shares have fallen nearly -37.34% since the year began. Nevertheless, the stocks have fallen -81.11% over the past one year. While a 52-week high of $4.00 was reached on 01/21/25, a 52-week low of $0.35 was recorded on 03/14/25. SMA at 50 days reached $0.6799, while 200 days put it at $1.3364.
Levels Of Support And Resistance For EONR Stock
The 24-hour chart illustrates a support level at 0.4827, which if violated will result in even more drops to 0.4517. On the upside, there is a resistance level at 0.5420. A further resistance level may holdings at 0.5703. The Relative Strength Index (RSI) on the 14-day chart is 45.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0159, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.53%. Stochastics %K at 50.94% indicates the stock is a holding.
How much short interest is there in EON Resources Inc?
A steep rise in short interest was recorded in EON Resources Inc stocks on 2025-03-14, dropping by -0.21 million shares to a total of 0.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.48 million shares. There was a decline of -79.38%, which implies that there is a negative sentiment for the stock.
