The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Greenland Technologies Holding Corp shares valued at $6,211,740 were purchased by WANG PETER on Apr 22 ’25. At $1.00 per share, WANG PETER acquired 6,211,740 shares. The insider’s holdings grew to 6,211,740 shares worth approximately $14.85 million following the completion of this transaction.
Also, WANG PETER sold 6,211,740 shares, netting a total of over 6,211,740 in proceeds. Following the sale of shares at $1.00 each, the insider now holds 0 shares.
As published in their initiating research note from Aegis Capital on May 13, 2021, Greenland Technologies Holding Corp [GTEC] has been a Buy and the price target has been revised to $14.
Analyzing GTEC Stock Performance
During the last five days, there has been a surge of approximately 24.48%. Over the course of the year, Greenland Technologies Holding Corp shares have jumped approximately 23.20%. Shares of the company reached a 52-week high of $2.92 on 01/27/25 and a 52-week low of $1.17 on 03/21/25. A 50-day SMA is recorded $1.64, while a 200-day SMA reached $2.01.
Support And Resistance Levels for Greenland Technologies Holding Corp (GTEC)
According to the 24-hour chart, there is a support level at 2.22, which, if violated, would cause prices to drop to 2.05. In the upper region, resistance lies at 2.52. The next price resistance is at 2.64. RSI (Relative Strength Index) is 71.49 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.24, which suggests the price will decrease in the coming days. Percent R is at 8.79%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
