A Guide To The Risks Of Investing In Imunon Inc (IMNN)

Imunon Inc’s recent filing unveils that its Director Braun Donald P acquired Company’s shares for reported $29480.0 on Aug 20 ’24. In the deal valued at $1.18 per share,25,000 shares were bought. As a result of this transaction, Braun Donald P now holds 25,597 shares worth roughly $20477.600000000002.

Then, Lindborg Stacy bought 25,000 shares, generating $24,500 in total proceeds. Upon buying the shares at $0.98, the President and CEO now owns 264,166 shares.

Before that, Tardugno Michael H bought 25,000 shares. Imunon Inc shares valued at $25,750 were divested by the Executive Chairman of Board at a price of $1.03 per share. As a result of the transaction, Tardugno Michael H now holds 353,346 shares, worth roughly $0.28 million.

Price Performance Review of IMNN

On Tuesday, Imunon Inc [NASDAQ:IMNN] saw its stock fall -1.95% to $0.80. Over the last five days, the stock has lost -3.61%. Imunon Inc shares have fallen nearly -15.79% since the year began. Nevertheless, the stocks have fallen -47.02% over the past one year. While a 52-week high of $3.65 was reached on 03/27/25, a 52-week low of $0.64 was recorded on 05/13/25. SMA at 50 days reached $0.9023, while 200 days put it at $0.9587.

Levels Of Support And Resistance For IMNN Stock

The 24-hour chart illustrates a support level at 0.6134, which if violated will result in even more drops to 0.4267. On the upside, there is a resistance level at 1.0333. A further resistance level may holdings at 1.2665. The Relative Strength Index (RSI) on the 14-day chart is 38.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0363, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.66%. Stochastics %K at 21.26% indicates the stock is a holding.

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