Twin Vee PowerCats Co’s filing revealed that its President Zimmer Karl J acquired Company’s shares for reported $15773.0 on Sep 12 ’24. In the deal valued at $0.45 per share,35,138 shares were bought. As a result of this transaction, Zimmer Karl J now holds 85,138 shares worth roughly $41717.62.
Then, Dickerson Michael Patrick bought 50,000 shares, generating $24,500 in total proceeds. Upon buying the shares at $0.49, the Chief Financial Officer now owns 50,000 shares.
Before that, VISCONTI JOSEPH C bought 40,785 shares. Twin Vee PowerCats Co shares valued at $16,122 were divested by the CEO at a price of $0.40 per share. As a result of the transaction, VISCONTI JOSEPH C now holds 2,368,929 shares, worth roughly $1.16 million.
Price Performance Review of VEEE
On Friday, Twin Vee PowerCats Co [NASDAQ:VEEE] saw its stock jump 16.82% to $0.49. Over the last five days, the stock has gained 38.87%. Twin Vee PowerCats Co shares have fallen nearly -10.36% since the year began. Nevertheless, the stocks have fallen -63.88% over the past one year. While a 52-week high of $1.54 was reached on 01/03/25, a 52-week low of $0.31 was recorded on 01/03/25. SMA at 50 days reached $0.4415, while 200 days put it at $0.5880.
Levels Of Support And Resistance For VEEE Stock
The 24-hour chart illustrates a support level at 0.3820, which if violated will result in even more drops to 0.2710. On the upside, there is a resistance level at 0.6020. A further resistance level may holdings at 0.7110. The Relative Strength Index (RSI) on the 14-day chart is 57.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0984, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.90%. Stochastics %K at 69.92% indicates the stock is a holding.
How much short interest is there in Twin Vee PowerCats Co?
A steep rise in short interest was recorded in Twin Vee PowerCats Co stocks on 2024-10-31, growing by 0.25 million shares to a total of 0.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.13 million shares. There was a rise of 66.31%, which implies that there is a positive sentiment for the stock.
