Rockwell Medical Inc’s recently made public that its 10% Owner Irrevocable Larson Family Inve acquired Company’s shares for reported $61036.0 on Apr 10 ’25. In the deal valued at $1.07 per share,57,000 shares were bought. As a result of this transaction, Irrevocable Larson Family Inve now holds 3,527,000 shares worth roughly $3.46 million.
Then, Irrevocable Larson Family Inve bought 30,500 shares, generating $32,982 in total proceeds. Upon buying the shares at $1.08, the 10% Owner now owns 3,557,500 shares.
Before that, Strobeck Mark sold 6,926 shares. Rockwell Medical Inc shares valued at $7,480 were divested by the President and CEO at a price of $1.08 per share. As a result of the transaction, Strobeck Mark now holds 124,678 shares, worth roughly $0.12 million.
Rodman & Renshaw initiated its Rockwell Medical Inc [RMTI] rating to a Buy in a research note published on November 14, 2024; the price target was $5. A number of analysts have revised their coverage, including Piper Jaffray’s analysts, who began to cover the stock in late June with a ‘”an Overweight”‘ rating. H.C. Wainwright began covering RMTI with “Buy” recommendation on May 13, 2019. BofA/Merrill revised its rating on November 08, 2016. It rated RMTI as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of RMTI
On Friday, Rockwell Medical Inc [NASDAQ:RMTI] saw its stock fall -1.75% to $0.98. Over the last five days, the stock has lost -3.04%. Rockwell Medical Inc shares have fallen nearly -52.00% since the year began. Nevertheless, the stocks have fallen -45.59% over the past one year. While a 52-week high of $5.15 was reached on 01/06/25, a 52-week low of $0.86 was recorded on 04/07/25. SMA at 50 days reached $1.1509, while 200 days put it at $2.2978.
Levels Of Support And Resistance For RMTI Stock
The 24-hour chart illustrates a support level at 0.9495, which if violated will result in even more drops to 0.9198. On the upside, there is a resistance level at 1.0095. A further resistance level may holdings at 1.0398. The Relative Strength Index (RSI) on the 14-day chart is 39.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0602, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.63%. Stochastics %K at 9.05% indicates the stock is a buying.
