Cheetah Net Supply Chain Service Inc’s recent filing unveils that its CEO ,Director and Chairman Liu Huan acquired Company’s shares for reported $89120.0 on Sep 30 ’24. In the deal valued at $1.94 per share,45,938 shares were bought.
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Then, Chen Huoyuan sold 990,000 shares, generating $1,247,400 in total proceeds. Upon selling the shares at $1.26, the 10% Owner now owns 0 shares.
Before that, Chen Huoyuan sold 8,500 shares. Cheetah Net Supply Chain Service Inc shares valued at $36,720 were divested by the 10% Owner at a price of $4.32 per share. As a result of the transaction, Chen Huoyuan now holds 990,000 shares, worth roughly $4.84 million.
Price Performance Review of CTNT
On Tuesday, Cheetah Net Supply Chain Service Inc [NASDAQ:CTNT] saw its stock jump 161.50% to $4.89. Over the last five days, the stock has gained 156.02%. Cheetah Net Supply Chain Service Inc shares have fallen nearly -76.49% since the year began. Nevertheless, the stocks have fallen -80.15% over the past one year. While a 52-week high of $236.16 was reached on 05/20/24, a 52-week low of $1.70 was recorded on 11/20/24. SMA at 50 days reached $2.9400, while 200 days put it at $15.4700.
Levels Of Support And Resistance For CTNT Stock
The 24-hour chart illustrates a support level at 3.4900, which if violated will result in even more drops to 2.1000. On the upside, there is a resistance level at 7.3900. A further resistance level may holdings at 9.9000. The Relative Strength Index (RSI) on the 14-day chart is 77.02, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.7500, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.09%. Stochastics %K at 31.11% indicates the stock is a holding.
How much short interest is there in Cheetah Net Supply Chain Service Inc?
A steep rise in short interest was recorded in Cheetah Net Supply Chain Service Inc stocks on 2024-10-31, growing by 0.12 million shares to a total of 0.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 20397.0 shares. There was a rise of 85.27%, which implies that there is a positive sentiment for the stock.
