On Friday, New Horizon Aircraft Ltd (NASDAQ: HOVR) opened lower -5.41% from the last session, before settling in for the closing price of $1.85. Price fluctuations for HOVR have ranged from $0.24 to $2.52 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -289.84% at the time writing. With a float of $27.34 million, this company’s outstanding shares have now reached $32.33 million.
New Horizon Aircraft Ltd (HOVR) Insider Updates
A key investor’s attitude towards the stock of the Aerospace & Defense industry is another important factor to consider. The insider ownership of New Horizon Aircraft Ltd is 30.28%, while institutional ownership is 18.40%. The most recent insider transaction that took place on Aug 06 ’25, was worth 17,500. In this transaction Head of People & Strategy of this company sold 10,000 shares at a rate of $1.75, taking the stock ownership to the 228,194 shares. Before that another transaction happened on Jul 22 ’25, when Company’s Head of People & Strategy sold 10,000 for $1.70, making the entire transaction worth $17,000. This insider now owns 238,194 shares in total.
New Horizon Aircraft Ltd (HOVR) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Trading Performance Indicators
Check out the current performance indicators for New Horizon Aircraft Ltd (HOVR). In the past quarter, the stock posted a quick ratio of 6.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.31 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 0.91 million. That was inferior than the volume of 1.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.55%.
During the past 100 days, New Horizon Aircraft Ltd’s (HOVR) raw stochastic average was set at 64.52%, which indicates a significant decrease from 65.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1325 in the past 14 days, which was lower than the 0.1646 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6650, while its 200-day Moving Average is $0.9379. However, in the short run, New Horizon Aircraft Ltd’s stock first resistance to watch stands at $1.8500. Second resistance stands at $1.9500. The third major resistance level sits at $2.0500. If the price goes on to break the first support level at $1.6500, it is likely to go to the next support level at $1.5500. Assuming the price breaks the second support level, the third support level stands at $1.4500.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Key Stats
There are currently 31,385K shares outstanding in the company with a market cap of 68.62 million. Presently, the company’s annual sales total 0 K according to its annual income of 3,730 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -4,700 K.
