Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Graphjet Technology shares valued at $1,145,638 were sold by SURIA SUKSES ENGINEERING SDN B on Jan 14 ’25. At $0.46 per share, SURIA SUKSES ENGINEERING SDN B sold 2,490,517 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, SURIA SUKSES ENGINEERING SDN B sold 2,000,000 shares, netting a total of over 840,000 in proceeds. Following the sale of shares at $0.42 each, the insider now holds 2,490,517 shares.
Before that, SURIA SUKSES ENGINEERING SDN B had sold 2,500,000 shares from its account. In a trade valued at $1,150,000, the 10% Owner traded Graphjet Technology shares for $0.46 each. Upon closing the transaction, the insider’s holdings decreased to 2,500,000 shares, worth approximately $0.36 million.
Analyzing GTI Stock Performance
On last trading session,, Graphjet Technology [NASDAQ: GTI] plunged -18.37% to $0.08. The stock’s lowest price that day was $0.0835, but it reached a high of $0.0999 in the same session. During the last five days, there has been a surge of approximately 3.28%. Over the course of the year, Graphjet Technology shares have dropped approximately -98.26%. Shares of the company reached a 52-week high of $1.3900 on 01/02/25 and a 52-week low of $0.0568 on 06/11/25.
Support And Resistance Levels for Graphjet Technology (GTI)
According to the 24-hour chart, there is a support level at 0.0790, which, if violated, would cause prices to drop to 0.0730. In the upper region, resistance lies at 0.0954. The next price resistance is at 0.1058. RSI (Relative Strength Index) is 45.24 on the 14-day chart, showing neutral technical sentiment.
Is Graphjet Technology subject to short interest?
Stocks of Graphjet Technology saw a sharp steep in short interest on 2025-06-13 dropping by -0.93 million shares to 4.04 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 4.97 million shares. A decline of -23.09% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.09 of the overall float, the days-to-cover ratio (short ratio) decline to 0.09.
