Graphjet Technology’s filing revealed that 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 $0.54 million.
Price Performance Review of GTI
On Friday, Graphjet Technology [NASDAQ:GTI] saw its stock fall -14.59% to $0.12. Over the last five days, the stock has lost -37.50%. Graphjet Technology shares have fallen nearly -86.67% since the year began. Nevertheless, the stocks have fallen -98.23% over the past one year. While a 52-week high of $14.00 was reached on 01/02/25, a 52-week low of $0.13 was recorded on 03/07/25. SMA at 50 days reached $0.3947, while 200 days put it at $2.5418.
Levels Of Support And Resistance For GTI Stock
The 24-hour chart illustrates a support level at 0.1070, which if violated will result in even more drops to 0.0940. On the upside, there is a resistance level at 0.1340. A further resistance level may holdings at 0.1480. The Relative Strength Index (RSI) on the 14-day chart is 27.73, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0816, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.46%. Stochastics %K at 8.90% indicates the stock is a buying.
