Greenland Technologies Holding Corp’s recently made public that its Director WANG PETER acquired Company’s shares for reported $6.21 million on Apr 22 ’25. In the deal valued at $1.00 per share,6,211,740 shares were bought. As a result of this transaction, WANG PETER now holds 6,211,740 shares worth roughly $11.8 million.
Then, WANG PETER sold 6,211,740 shares, generating $6,211,740 in total proceeds. Upon selling the shares at $1.00, the Director now owns 0 shares.
Aegis Capital initiated its Greenland Technologies Holding Corp [GTEC] rating to a Buy in a research note published on May 13, 2021; the price target was $14.
Price Performance Review of GTEC
On Tuesday, Greenland Technologies Holding Corp [NASDAQ:GTEC] saw its stock jump 20.25% to $1.90. Over the last five days, the stock has gained 33.80%. Greenland Technologies Holding Corp shares have fallen nearly -2.06% since the year began. Nevertheless, the stocks have risen 18.75% over the past one year. While a 52-week high of $2.94 was reached on 01/27/25, a 52-week low of $1.17 was recorded on 03/21/25. SMA at 50 days reached $1.5560, while 200 days put it at $1.9945.
Levels Of Support And Resistance For GTEC Stock
The 24-hour chart illustrates a support level at 1.6700, which if violated will result in even more drops to 1.4400. On the upside, there is a resistance level at 2.0200. A further resistance level may holdings at 2.1400. The Relative Strength Index (RSI) on the 14-day chart is 62.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1690, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.75%. Stochastics %K at 81.87% indicates the stock is a selling.
How much short interest is there in Greenland Technologies Holding Corp?
A steep rise in short interest was recorded in Greenland Technologies Holding Corp stocks on 2025-04-15, growing by 0.23 million shares to a total of 0.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 10411.0 shares. There was a rise of 95.72%, which implies that there is a positive sentiment for the stock.