In Thursday’s Wall Street session, New Horizon Aircraft Ltd (NASDAQ:HOVR) shares traded at $1.37, up 2.24% from the previous session.
HOVR stock price is now 104.70% away from the 50-day moving average and 120.40% away from the 200-day moving average. The market capitalization of the company currently stands at $43.00M.
In other news, Lee Stewart Murray, Head of People & Strategy bought 467 shares of the company’s stock on Sep 16 ’24. The stock was bought for $368 at an average price of $0.79. Upon completion of the transaction, the Head of People & Strategy now directly owns 252,432 shares in the company, valued at $0.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 17 ’24, Head of People & Strategy Lee Stewart Murray bought 613 shares of the business’s stock. A total of $368 was incurred on buying the stock at an average price of $0.60. This leaves the insider owning 251,488 shares of the company worth $0.34 million. A total of 29.18% of the company’s stock is owned by insiders.
During the past 12 months, New Horizon Aircraft Ltd has had a low of $0.24 and a high of $1.63. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 7.11, and a quick ratio of 7.11.
