Decent Holding Inc. (NASDAQ:DXST) shares are trending on Monday night.
Chairman Expands Voting Stake To 90.5%
DXST shares surged 148.13% to $3.97 after the bell on Monday after a Securities and Exchange Commission filing disclosed Chairman Dingxin Sun purchased 400,000 Class B ordinary shares.
The shares were bought at $2.00 per share, totaling $800,000.
According to the SEC filing, following the transaction, which closed June 1, 2026, Sun holds 321,040 Class A and 600,000 Class B shares, directly or indirectly through Decent Limited, representing approximately 90.5% of total voting power.
Sun now holds a controlling stake in the company.
Trading Metrics, Technical Analysis
The China-based environmental services company has a market capitalization of $2.90 million, a 52-week high of $62 and a 52-week low of $1.50.
The stock has a Relative Strength Index (RSI) of 31.95.
Over the past 12 months, DXST has dropped 95.15%.
The small-cap stock is currently trading extremely close to its 52-week low.
Price Action: According to Benzinga Pro data, DXST closed the regular session at $1.60, up 2.56%.
Benzinga’s Edge Stock Rankings indicate that DXST has a negative price trend across all time frames.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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