In a filing, NovoCure Ltd revealed its Chief Operating Officer Paravasthu Mukund unloaded Company’s shares for reported $10604.0 on May 03 ’25. In the deal valued at $17.91 per share,592 shares were sold. As a result of this transaction, Paravasthu Mukund now holds 83,556 shares worth roughly $1.52 million.
Then, MUKUND PARAVASTHU bought 592 shares, generating $10,604 in total proceeds.
Before that, Weinberg Uri sold 268 shares. NovoCure Ltd shares valued at $5,071 were divested by the Chief Innovation Officer at a price of $18.92 per share. As a result of the transaction, Weinberg Uri now holds 166,243 shares, worth roughly $3.02 million.
Evercore ISI upgraded its NovoCure Ltd [NVCR] rating to an Outperform from a an In-line in a research note published on December 02, 2024; the price target was increased to $30 from $18. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who increased its forecast for the stock in mid October from “a Neutral” to “a Buy”. H.C. Wainwright revised its rating on August 28, 2023. It rated NVCR as “a Neutral” which previously was an “a Buy”.
Price Performance Review of NVCR
On Tuesday, NovoCure Ltd [NASDAQ:NVCR] saw its stock fall -2.32% to $18.14. Over the last five days, the stock has gained 11.08%. NovoCure Ltd shares have fallen nearly -39.13% since the year began. Nevertheless, the stocks have risen 12.46% over the past one year. While a 52-week high of $34.13 was reached on 01/02/25, a 52-week low of $14.17 was recorded on 04/09/25. SMA at 50 days reached $18.06, while 200 days put it at $20.36.
Levels Of Support And Resistance For NVCR Stock
The 24-hour chart illustrates a support level at 17.72, which if violated will result in even more drops to 17.29. On the upside, there is a resistance level at 18.71. A further resistance level may holdings at 19.27. The Relative Strength Index (RSI) on the 14-day chart is 53.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.17%. Stochastics %K at 61.42% indicates the stock is a holding.
