Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. New Horizon Aircraft Ltd shares valued at $368 were purchased by Lee Stewart Murray on Sep 16 ’24. At $0.79 per share, Lee Stewart Murray acquired 467 shares. The insider’s holdings grew to 252,432 shares worth approximately $0.38 million following the completion of this transaction.
Also, Lee Stewart Murray purchased 613 shares, netting a total of over 368 in proceeds. Following the buying of shares at $0.60 each, the insider now holds 251,488 shares.
Before that, Lee Stewart Murray had added 477 shares to its account. In a trade valued at $365, the Head of People & Strategy bought New Horizon Aircraft Ltd shares for $0.77 each. Upon closing the transaction, the insider’s holdings increased to 477 shares, worth approximately $0.38 million.
Analyzing HOVR Stock Performance
On last trading session,, New Horizon Aircraft Ltd [NASDAQ: HOVR] plunged -11.18% to $1.51. The stock’s lowest price that day was $1.351, but it reached a high of $1.6948 in the same session. During the last five days, there has been a drop of approximately -33.77%. Over the course of the year, New Horizon Aircraft Ltd shares have jumped approximately 140.06%. Shares of the company reached a 52-week high of $2.5200 on 06/20/25 and a 52-week low of $0.3500 on 04/14/25.
Support And Resistance Levels for New Horizon Aircraft Ltd (HOVR)
According to the 24-hour chart, there is a support level at 1.3417, which, if violated, would cause prices to drop to 1.1735. In the upper region, resistance lies at 1.6865. The next price resistance is at 1.8631. RSI (Relative Strength Index) is 53.88 on the 14-day chart, showing neutral technical sentiment.
Is New Horizon Aircraft Ltd subject to short interest?
Stocks of New Horizon Aircraft Ltd saw a sharp rise in short interest on 2025-06-13 jumping by 0.19 million shares to 0.23 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 31466.0 shares. A jump of 86.06% in short interest reflects a negative 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) jumped to 0.09.
