Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Rockwell Medical Inc shares valued at $61,036 were purchased by Irrevocable Larson Family Inve on Apr 10 ’25. At $1.07 per share, Irrevocable Larson Family Inve acquired 57,000 shares. The insider’s holdings grew to 3,527,000 shares worth approximately $3.63 million following the completion of this transaction.
Also, Irrevocable Larson Family Inve purchased 30,500 shares, netting a total of over 32,982 in proceeds. Following the buying of shares at $1.08 each, the insider now holds 3,557,500 shares.
Before that, Strobeck Mark had sold 6,926 shares from its account. In a trade valued at $7,480, the President and CEO traded Rockwell Medical Inc shares for $1.08 each. Upon closing the transaction, the insider’s holdings decreased to 6,926 shares, worth approximately $0.13 million.
As published in their initiating research note from Rodman & Renshaw on November 14, 2024, Rockwell Medical Inc [RMTI] has been a Buy and the price target has been revised to $5. Analysts at Piper Jaffray started covering the stock with ‘”an Overweight”‘ outlook in a report released in late June. As of May 13, 2019, H.C. Wainwright has initiated its “Buy” rating for RMTI. Earlier on November 08, 2016, BofA/Merrill downgraded its rating. Their new recommendation was “an Underperform” for RMTI stock which previously was a “a Neutral”.
Analyzing RMTI Stock Performance
During the last five days, there has been a drop of approximately -3.74%. Over the course of the year, Rockwell Medical Inc shares have dropped approximately -49.51%. Shares of the company reached a 52-week high of $2.4100 on 01/06/25 and a 52-week low of $0.8638 on 04/07/25. A 50-day SMA is recorded $1.4727, while a 200-day SMA reached $2.3982.
Support And Resistance Levels for Rockwell Medical Inc (RMTI)
According to the 24-hour chart, there is a support level at 1.0033, which, if violated, would cause prices to drop to 0.9767. In the upper region, resistance lies at 1.0533. The next price resistance is at 1.0767. RSI (Relative Strength Index) is 32.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0164, which suggests the price will decrease in the coming days. Percent R is at 39.83%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
