On Tuesday, New Horizon Aircraft Ltd (NASDAQ: HOVR) was -11.67% drop from the session before settling in for the closing price of $1.03. A 52-week range for HOVR has been $0.24 – $1.63.
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When this article was written, the company’s average yearly earnings per share was at 151.44%. With a float of $22.23 million, this company’s outstanding shares have now reached $31.23 million.
In an organization with 16 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 21.63%, operating margin of -26471.05%, and the pretax margin is 25154.46%.
New Horizon Aircraft Ltd (HOVR) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward New Horizon Aircraft Ltd stocks. The insider ownership of New Horizon Aircraft Ltd is 29.18%, while institutional ownership is 18.51%. The most recent insider transaction that took place on Feb 20 ’25, was worth 37,500. In this transaction Former 10% Owner of this company sold 75,000 shares at a rate of $0.50, taking the stock ownership to the 1,394,368 shares. Before that another transaction happened on Feb 26 ’25, when Company’s Former 10% Owner sold 65,500 for $0.49, making the entire transaction worth $32,095. This insider now owns 1,308,793 shares in total.
New Horizon Aircraft Ltd (HOVR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 151.44% per share during the next fiscal year.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Trading Performance Indicators
You can see what New Horizon Aircraft Ltd (HOVR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 7.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.35 in one year’s time.
Technical Analysis of New Horizon Aircraft Ltd (HOVR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.16 million. That was better than the volume of 0.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.95%. 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 69.11%, which indicates a significant increase from 64.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 183.00% in the past 14 days, which was higher than the 109.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5905, while its 200-day Moving Average is $0.6132.
