Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Retractable Technologies Inc shares valued at $14,270 were purchased by SHAW THOMAS J on Jan 06 ’25. At $0.78 per share, SHAW THOMAS J acquired 18,411 shares. The insider’s holdings grew to 14,947,978 shares worth approximately $11.21 million following the completion of this transaction.
Also, SHAW THOMAS J purchased 5,302 shares, netting a total of over 3,616 in proceeds. Following the buying of shares at $0.68 each, the insider now holds 14,929,567 shares.
Before that, SHAW THOMAS J had added 443 shares to its account. In a trade valued at $300, the PRESIDENT AND CEO bought Retractable Technologies Inc shares for $0.68 each. Upon closing the transaction, the insider’s holdings increased to 443 shares, worth approximately $11.19 million.
Analyzing RVP Stock Performance
During the last five days, there has been a surge of approximately 9.25%. Over the course of the year, Retractable Technologies Inc shares have jumped approximately 9.25%. Shares of the company reached a 52-week high of $0.8490 on 01/03/25 and a 52-week low of $0.6820 on 01/02/25. A 50-day SMA is recorded $0.6665, while a 200-day SMA reached $0.9237. Nevertheless, trading volume fell to 0.11 million shares from 0.37 million shares the previous day.
Support And Resistance Levels for Retractable Technologies Inc (RVP)
According to the 24-hour chart, there is a support level at 0.7223, which, if violated, would cause prices to drop to 0.6924. In the upper region, resistance lies at 0.8085. The next price resistance is at 0.8648. RSI (Relative Strength Index) is 58.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0808, which suggests the price will decrease in the coming days. Percent R is at 37.56%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
