New Horizon Aircraft Ltd (NASDAQ: HOVR) kicked off on Tuesday, down -25.28% from the previous trading day, before settling in for the closing price of $1.78. Over the past 52 weeks, HOVR has traded in a range of $0.35-$4.18.
While this was happening, its average annual earnings per share was recorded -551.28%. With a float of $33.61 million, this company’s outstanding shares have now reached $39.56 million.
New Horizon Aircraft Ltd (HOVR) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of New Horizon Aircraft Ltd is 22.48%, while institutional ownership is 15.26%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -551.28% per share during the next fiscal year.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Trading Performance Indicators
Take a look at New Horizon Aircraft Ltd’s (HOVR) current performance indicators. Last quarter, stock had a quick ratio of 7.97.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.36 million. That was better than the volume of 1.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.54%.
During the past 100 days, New Horizon Aircraft Ltd’s (HOVR) raw stochastic average was set at 1.04%, which indicates a significant decrease from 2.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.2357 in the past 14 days, which was higher than the 0.2262 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.4250, while its 200-day Moving Average is $1.3848. However, in the short run, New Horizon Aircraft Ltd’s stock first resistance to watch stands at $1.6000. Second resistance stands at $1.8700. The third major resistance level sits at $2.0200. If the price goes on to break the first support level at $1.1800, it is likely to go to the next support level at $1.0300. The third support level lies at $0.7600 if the price breaches the second support level.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Key Stats
The company with the Market Capitalisation of 57.66 million has total of 40,968K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of 5,200 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -10,900 K.
