Allied Gaming & Entertainment Inc’s recent filing unveils that its 10% Owner Choi Roy acquired Company’s shares for reported $0.21 million on Jul 09 ’24. In the deal valued at $1.47 per share,140,000 shares were bought. As a result of this transaction, Choi Roy now holds 3,011,822 shares worth roughly $5.24 million.
Then, Choi Roy bought 68,331 shares, generating $101,813 in total proceeds. Upon buying the shares at $1.49, the 10% Owner now owns 3,080,153 shares.
Before that, Choi Roy bought 235,000 shares. Allied Gaming & Entertainment Inc shares valued at $298,450 were divested by the 10% Owner at a price of $1.27 per share. As a result of the transaction, Choi Roy now holds 2,826,822 shares, worth roughly $4.92 million.
Price Performance Review of AGAE
On Monday, Allied Gaming & Entertainment Inc [NASDAQ:AGAE] saw its stock jump 25.18% to $1.74. Over the last five days, the stock has gained 27.01%. Allied Gaming & Entertainment Inc shares have risen nearly 119.56% since the year began. Nevertheless, the stocks have risen 111.94% over the past one year. While a 52-week high of $1.57 was reached on 05/12/25, a 52-week low of $0.61 was recorded on 01/02/25. SMA at 50 days reached $1.0991, while 200 days put it at $1.1243.
Levels Of Support And Resistance For AGAE Stock
The 24-hour chart illustrates a support level at 1.3318, which if violated will result in even more drops to 0.9235. On the upside, there is a resistance level at 2.2665. A further resistance level may holdings at 2.7929. The Relative Strength Index (RSI) on the 14-day chart is 79.05, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2211, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.25%. Stochastics %K at 68.64% indicates the stock is a holding.
