New Horizon Aircraft Ltd (NASDAQ: HOVR) on Tuesday, plunged -7.89% from the previous trading day, before settling in for the closing price of $0.62. Within the past 52 weeks, HOVR’s price has moved between $0.24 and $3.29.
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The company achieved an average annual earnings per share of 156.00%. With a float of $13.73 million, this company’s outstanding shares have now reached $24.57 million.
The firm has a total of 16 workers. Let’s measure their productivity. In terms of profitability, gross margin is -28.37%, operating margin of -21006.76%, and the pretax margin is 24290.18%.
New Horizon Aircraft Ltd (HOVR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of New Horizon Aircraft Ltd is 44.12%, while institutional ownership is 20.02%. The most recent insider transaction that took place on Jan 17 ’25, was worth 276,494. Before that another transaction happened on Sep 18 ’24, when Company’s 10% Owner sold 102,000 for $0.82, making the entire transaction worth $83,640. This insider now owns 1,537,563 shares in total.
New Horizon Aircraft Ltd (HOVR) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 156.00% per share during the next fiscal year.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Trading Performance Indicators
New Horizon Aircraft Ltd (HOVR) is currently performing well based on its current performance indicators. A quick ratio of 2.76 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.07 and is forecasted to reach -0.34 in one year’s time.
Technical Analysis of New Horizon Aircraft Ltd (HOVR)
Analysing the last 5-days average volume posted by the [New Horizon Aircraft Ltd, HOVR], we can find that recorded value of 0.38 million was lower than the volume posted last year of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 24.72%. Additionally, its Average True Range was 0.11.
During the past 100 days, New Horizon Aircraft Ltd’s (HOVR) raw stochastic average was set at 23.74%, which indicates a significant increase from 6.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.14% in the past 14 days, which was lower than the 181.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7944, while its 200-day Moving Average is $0.7805. Now, the first resistance to watch is $0.6224. This is followed by the second major resistance level at $0.6749. The third major resistance level sits at $0.7107. If the price goes on to break the first support level at $0.5341, it is likely to go to the next support level at $0.4983. Now, if the price goes above the second support level, the third support stands at $0.4458.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Key Stats
Market capitalization of the company is 17.81 million based on 31,231K outstanding shares. Right now, sales total 0 K and income totals -8,160 K. The company made 0 K in profit during its latest quarter, and 19,660 K in sales during its previous quarter.
