Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. New Horizon Aircraft Ltd shares valued at $37,500 were sold by Shindo Dustin M on Feb 20 ’25. At $0.50 per share, Shindo Dustin M sold 75,000 shares. The insider’s holdings dropped to 1,394,368 shares worth approximately $0.63 million following the completion of this transaction.
Also, Shindo Dustin M sold 65,500 shares, netting a total of over 32,095 in proceeds. Following the sale of shares at $0.49 each, the insider now holds 1,308,793 shares.
Before that, Shindo Dustin M had sold 34,000 shares from its account. In a trade valued at $17,680, the Former 10% Owner traded New Horizon Aircraft Ltd shares for $0.52 each. Upon closing the transaction, the insider’s holdings decreased to 34,000 shares, worth approximately $0.66 million.
Analyzing HOVR Stock Performance
During the last five days, there has been a surge of approximately 6.83%. Over the course of the year, New Horizon Aircraft Ltd shares have dropped approximately -60.39%. Shares of the company reached a 52-week high of $1.3200 on 01/06/25 and a 52-week low of $0.3500 on 04/14/25. A 50-day SMA is recorded $0.5087, while a 200-day SMA reached $0.6083.
Support And Resistance Levels for New Horizon Aircraft Ltd (HOVR)
According to the 24-hour chart, there is a support level at 0.4315, which, if violated, would cause prices to drop to 0.4154. In the upper region, resistance lies at 0.4619. The next price resistance is at 0.4762. RSI (Relative Strength Index) is 44.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0109, which suggests the price will decrease in the coming days. Percent R is at 43.29%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
