New Horizon Aircraft Ltd (NASDAQ: HOVR) open the trading on Thursday, with a bit cautious approach as it glided -5.99% to $0.85, before settling in for the price of $0.90 at the close. Taking a more long-term approach, HOVR posted a 52-week range of $0.24-$1.63.
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It was noted that the giant of the Industrials sector posted annual sales growth of 0.00% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 148.59%. This publicly-traded company’s shares outstanding now amounts to $31.23 million, simultaneously with a float of $22.23 million. The organization now has a market capitalization sitting at $26.56 million. At the time of writing, stock’s 50-day Moving Average stood at $0.5273, while the 200-day Moving Average is $0.6029.
New Horizon Aircraft Ltd (HOVR) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Aerospace & Defense industry. New Horizon Aircraft Ltd’s current insider ownership accounts for 29.18%, in contrast to 18.51% institutional ownership. According to the most recent insider trade that took place on Feb 20 ’25, this organization’s Former 10% Owner sold 75,000 shares at the rate of 0.50, making the entire transaction reach 37,500 in total value, affecting insider ownership by 1,394,368. Preceding that transaction, on Feb 26 ’25, Company’s Former 10% Owner sold 65,500 for 0.49, making the whole transaction’s value amount to 32,095. This particular insider is now the holder of 1,308,793 in total.
New Horizon Aircraft Ltd (HOVR) Earnings and Revenue Records
New Horizon Aircraft Ltd’s EPS increase for this current 12-month fiscal period is 148.59% and is forecasted to reach -0.32 in the upcoming year.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Trading Performance Indicators
Let’s observe the current performance indicators for New Horizon Aircraft Ltd (HOVR). It’s Quick Ratio in the last reported quarter now stands at 7.11. The Stock has managed to achieve an average true range (ATR) of 0.09. Alongside those numbers, its PE Ratio stands at $2.95, and its Beta score is 1.54.
In the same vein, HOVR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.29, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be -0.32 at the market close of one year from today.
Technical Analysis of New Horizon Aircraft Ltd (HOVR)
[New Horizon Aircraft Ltd, HOVR] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 82.05% While, its Average True Range was 0.1030.
Raw Stochastic average of New Horizon Aircraft Ltd (HOVR) in the period of the previous 100 days is set at 38.77%, which indicates a major fall in contrast to 72.09% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 167.97% that was higher than 111.80% volatility it exhibited in the past 100-days period.
