New Horizon Aircraft Ltd (NASDAQ: HOVR) on Friday, soared 13.16% from the previous trading day, before settling in for the closing price of $2.28. Within the past 52 weeks, HOVR’s price has moved between $0.25 and $4.18.
The company achieved an average annual earnings per share of -555.96%. With a float of $32.58 million, this company’s outstanding shares have now reached $39.56 million.
Let’s look at the performance matrix of the company that is accounted for 30 employees.
New Horizon Aircraft Ltd (HOVR) Insider Updates
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of New Horizon Aircraft Ltd is 24.85%, while institutional ownership is 14.58%. The most recent insider transaction that took place on Oct 14 ’25, was worth 372,000. In this transaction Head of People and Strategy of this company sold 100,000 shares at a rate of $3.72, taking the stock ownership to the 163,588 shares. Before that another transaction happened on Oct 15 ’25, when Company’s Chief Executive Officer sold 46,000 for $4.00, making the entire transaction worth $184,000. This insider now owns 265,286 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 -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -555.96% 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 7.97 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.11, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.43 in one year’s time.
Technical Analysis of New Horizon Aircraft Ltd (HOVR)
New Horizon Aircraft Ltd (NASDAQ: HOVR) saw its 5-day average volume 1.55 million, a positive change from its year-to-date volume of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 32.94%.
During the past 100 days, New Horizon Aircraft Ltd’s (HOVR) raw stochastic average was set at 47.37%, which indicates a significant increase from 23.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.36 in the past 14 days, which was higher than the 0.25 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.36, while its 200-day Moving Average is $1.31. Nevertheless, the first resistance level for the watch stands at $2.72 in the near term. At $2.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.05. If the price goes on to break the first support level at $2.39, it is likely to go to the next support level at $2.21. Assuming the price breaks the second support level, the third support level stands at $2.06.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Key Stats
Market capitalization of the company is 111.86 million based on 40,968K outstanding shares. Right now, sales total 0 K and income totals 5,200 K. The company made 0 K in profit during its latest quarter, and -10,900 K in sales during its previous quarter.
