Unusual Machines Inc’s filing revealed that its Director Thompson Jeffrey M unloaded Company’s shares for reported $0.51 million on Dec 03 ’24. In the deal valued at $12.65 per share,40,000 shares were sold. As a result of this transaction, Thompson Jeffrey M now holds 325,984 shares worth roughly $2.0 million.
Then, Jeffrey Murray Thompson bought 40,000 shares, generating $602,800 in total proceeds.
Before that, Lowry Robert Paul bought 32,895 shares. Unusual Machines Inc shares valued at $50,000 were divested by the Director at a price of $1.52 per share. As a result of the transaction, Lowry Robert Paul now holds 73,502 shares, worth roughly $0.45 million.
Maxim Group initiated its Unusual Machines Inc [UMAC] rating to a Buy in a research note published on December 18, 2024; the price target was $18.
Price Performance Review of UMAC
On Tuesday, Unusual Machines Inc [AMEX:UMAC] saw its stock fall -3.91% to $6.15. Over the last five days, the stock has lost -14.94%. Unusual Machines Inc shares have fallen nearly -63.44% since the year began. Nevertheless, the stocks have risen 251.45% over the past one year. While a 52-week high of $23.62 was reached on 01/03/25, a 52-week low of $0.98 was recorded on 03/11/25. SMA at 50 days reached $9.26, while 200 days put it at $5.59.
Levels Of Support And Resistance For UMAC Stock
The 24-hour chart illustrates a support level at 5.81, which if violated will result in even more drops to 5.48. On the upside, there is a resistance level at 6.39. A further resistance level may holdings at 6.64. The Relative Strength Index (RSI) on the 14-day chart is 39.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.89%. Stochastics %K at 36.60% indicates the stock is a holding.
How much short interest is there in Unusual Machines Inc?
A steep rise in short interest was recorded in Unusual Machines Inc stocks on 2025-03-14, growing by 39211.0 shares to a total of 1.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.05 million shares. There was a rise of 3.6%, which implies that there is a positive sentiment for the stock.
