Rodman & Renshaw gives a Buy recommendation for Rockwell Medical Inc (RMTI)

Rockwell Medical Inc’s recent filing unveils 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 $3.03 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 $0.11 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 Tuesday, Rockwell Medical Inc [NASDAQ:RMTI] saw its stock fall -0.79% to $0.86. Over the last five days, the stock has lost -9.08%. Rockwell Medical Inc shares have fallen nearly -52.80% since the year began. Nevertheless, the stocks have fallen -57.66% 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 06/24/25.

Levels Of Support And Resistance For RMTI Stock

The 24-hour chart illustrates a support level at 0.8458, which if violated will result in even more drops to 0.8279. On the upside, there is a resistance level at 0.8958. A further resistance level may holdings at 0.9279.

How much short interest is there in Rockwell Medical Inc?

A steep rise in short interest was recorded in Rockwell Medical Inc stocks on 2025-05-30, dropping by 31429.0 shares to a total of 0.16 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 0.19 million shares. There was a decline of -19.33%, which implies that there is a negative sentiment for the stock.

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