In a filing, Graphjet Technology revealed its 10% Owner SURIA SUKSES ENGINEERING SDN B unloaded Company’s shares for reported $1.15 million on Jan 14 ’25. In the deal valued at $0.46 per share,2,490,517 shares were sold. As a result of this transaction, SURIA SUKSES ENGINEERING SDN B now holds 0 shares worth roughly $0.0.
Then, SURIA SUKSES ENGINEERING SDN B sold 2,000,000 shares, generating $840,000 in total proceeds. Upon selling the shares at $0.42, the 10% Owner now owns 2,490,517 shares.
Before that, SURIA SUKSES ENGINEERING SDN B sold 2,500,000 shares. Graphjet Technology shares valued at $1,150,000 were divested by the 10% Owner at a price of $0.46 per share. As a result of the transaction, SURIA SUKSES ENGINEERING SDN B now holds 4,490,517 shares, worth roughly $1.26 million.
Price Performance Review of GTI
On Friday, Graphjet Technology [NASDAQ:GTI] saw its stock fall -2.06% to $0.28. Over the last five days, the stock has lost -8.19%. Graphjet Technology shares have fallen nearly -68.38% since the year began. Nevertheless, the stocks have fallen -97.54% over the past one year. While a 52-week high of $14.00 was reached on 01/02/25, a 52-week low of $0.19 was recorded on 01/22/25. SMA at 50 days reached $0.5073, while 200 days put it at $2.8388.
Levels Of Support And Resistance For GTI Stock
The 24-hour chart illustrates a support level at 0.2757, which if violated will result in even more drops to 0.2668. On the upside, there is a resistance level at 0.2926. A further resistance level may holdings at 0.3006. The Relative Strength Index (RSI) on the 14-day chart is 36.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0194, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.34%. Stochastics %K at 15.64% indicates the stock is a buying.
