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. Beyond Air Inc shares valued at $2,294 were purchased by Gaul Michael A. on Feb 19 ’25. At $0.38 per share, Gaul Michael A. acquired 6,000 shares. The insider’s holdings grew to 94,150 shares worth approximately $28245.0 following the completion of this transaction.
Also, Carey Robert purchased 1,476,626 shares, netting a total of over 744,662 in proceeds. Following the buying of shares at $0.50 each, the insider now holds 1,476,626 shares.
Before that, Lisi Steven A. had added 1,476,626 shares to its account. In a trade valued at $744,662, the CEO and Chairman of the Board bought Beyond Air Inc shares for $0.50 each. Upon closing the transaction, the insider’s holdings increased to 1,476,626 shares, worth approximately $0.97 million.
As published in a research note from BTIG Research on June 25, 2024, Beyond Air Inc [XAIR] has been rated down from a Buy to a Neutral. Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in late July. As of June 15, 2023, BTIG Research has initiated its “Buy” rating for XAIR. Earlier on April 28, 2021, Truist initiated its rating. Their recommendation was “a Buy” for XAIR stock.
Analyzing XAIR Stock Performance
During the last five days, there has been a drop of approximately -20.13%. Over the course of the year, Beyond Air Inc shares have dropped approximately -15.45%. Shares of the company reached a 52-week high of $0.5200 on 02/11/25 and a 52-week low of $0.3000 on 02/26/25. A 50-day SMA is recorded $0.3941, while a 200-day SMA reached $0.5703. Nevertheless, trading volume fell to 0.74 million shares from 2.29 million shares the previous day.
Support And Resistance Levels for Beyond Air Inc (XAIR)
According to the 24-hour chart, there is a support level at 0.2921, which, if violated, would cause prices to drop to 0.2810. In the upper region, resistance lies at 0.3221. The next price resistance is at 0.3410. RSI (Relative Strength Index) is 34.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0547, which suggests the price will decrease in the coming days. Percent R is at 98.59%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
