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 26.86% to $0.49. Over the last five days, the stock has gained 6.86%. Twin Vee PowerCats Co shares have fallen nearly -11.64% since the year began. Nevertheless, the stocks have fallen -63.73% over the past one year. While a 52-week high of $1.54 was reached on 01/17/25, a 52-week low of $0.31 was recorded on 01/13/25. SMA at 50 days reached $0.4311, while 200 days put it at $0.5599.
Levels Of Support And Resistance For VEEE Stock
The 24-hour chart illustrates a support level at 0.3487, which if violated will result in even more drops to 0.2113. On the upside, there is a resistance level at 0.6267. A further resistance level may holdings at 0.7673. The Relative Strength Index (RSI) on the 14-day chart is 55.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0227, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.81%. Stochastics %K at 30.09% 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.
