In a filing, Phio Pharmaceuticals Corp revealed its President & CEO Bitterman Robert J acquired Company’s shares for reported $740.0 on Jun 07 ’24. In the deal valued at $0.74 per share,1,000 shares were bought. As a result of this transaction, Bitterman Robert J now holds 20,990 shares worth roughly $59401.700000000004.
Then, Bitterman Robert J bought 1,000 shares, generating $750 in total proceeds. Upon buying the shares at $0.75, the President & CEO now owns 19,990 shares.
H.C. Wainwright initiated its Phio Pharmaceuticals Corp [PHIO] rating to a Buy in a research note published on August 05, 2020; the price target was $4.
Price Performance Review of PHIO
On Monday, Phio Pharmaceuticals Corp [NASDAQ:PHIO] saw its stock jump 3.66% to $2.83. Over the last five days, the stock has gained 62.64%. Phio Pharmaceuticals Corp shares have risen nearly 57.22% since the year began. Nevertheless, the stocks have fallen -51.55% over the past one year. While a 52-week high of $9.79 was reached on 01/13/25, a 52-week low of $0.97 was recorded on 04/08/25. SMA at 50 days reached $1.55, while 200 days put it at $2.64.
Levels Of Support And Resistance For PHIO Stock
The 24-hour chart illustrates a support level at 2.66, which if violated will result in even more drops to 2.48. On the upside, there is a resistance level at 2.93. A further resistance level may holdings at 3.02. The Relative Strength Index (RSI) on the 14-day chart is 83.69, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.89%. Stochastics %K at 83.02% indicates the stock is a selling.
How much short interest is there in Phio Pharmaceuticals Corp?
A steep rise in short interest was recorded in Phio Pharmaceuticals Corp stocks on 2025-03-31, growing by 11973.0 shares to a total of 78709.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 66736.0 shares. There was a rise of 15.21%, which implies that there is a positive sentiment for the stock.
