Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Genelux Corp shares valued at $8,512 were sold by Tyree James L on Dec 30 ’24. At $2.46 per share, Tyree James L sold 3,460 shares. The insider’s holdings dropped to 45,791 shares worth approximately $0.13 million following the completion of this transaction.
Also, JAMES L TYREE purchased 3,460 shares, netting a total of over 8,512 in proceeds.
Before that, Zindrick Thomas had sold 14,315 shares from its account. In a trade valued at $33,497, the President and CEO traded Genelux Corp shares for $2.34 each. Upon closing the transaction, the insider’s holdings decreased to 14,315 shares, worth approximately $0.11 million.
As published in their initiating research note from Guggenheim on October 29, 2024, Genelux Corp [GNLX] has been a Buy and the price target has been revised to $8. Analysts at ROTH MKM started covering the stock with ‘”a Buy”‘ outlook in a report released in late August. As of November 27, 2023, H.C. Wainwright has initiated its “Buy” rating for GNLX. Earlier on September 12, 2023, Maxim Group initiated its rating. Their recommendation was “a Buy” for GNLX stock.
Analyzing GNLX Stock Performance
During the last five days, there has been a surge of approximately 17.53%. Over the course of the year, Genelux Corp shares have jumped approximately 20.76%. Shares of the company reached a 52-week high of $5.89 on 02/12/25 and a 52-week low of $1.99 on 04/09/25. A 50-day SMA is recorded $3.08, while a 200-day SMA reached $2.86.
Support And Resistance Levels for Genelux Corp (GNLX)
According to the 24-hour chart, there is a support level at 2.45, which, if violated, would cause prices to drop to 2.04. In the upper region, resistance lies at 3.16. The next price resistance is at 3.46. RSI (Relative Strength Index) is 52.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.23, which suggests the price will decrease in the coming days. Percent R is at 33.82%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
