New Horizon Aircraft Ltd (NASDAQ: HOVR) on Tuesday, soared 33.33% from the previous trading day, before settling in for the closing price of $0.69. Within the past 52 weeks, HOVR’s price has moved between $0.24 and $1.67.
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The company achieved an average annual earnings per share of 148.87%. With a float of $22.23 million, this company’s outstanding shares have now reached $31.23 million.
The firm has a total of 16 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 148.87% 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 7.11 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.34 in one year’s time.
Technical Analysis of New Horizon Aircraft Ltd (HOVR)
Analysing the last 5-days average volume posted by the [New Horizon Aircraft Ltd, HOVR], we can find that recorded value of 2.44 million was better than the volume posted last year of 0.55 million. As of the previous 9 days, the stock’s Stochastic %D was 89.67%. Additionally, its Average True Range was 0.08.
During the past 100 days, New Horizon Aircraft Ltd’s (HOVR) raw stochastic average was set at 44.53%, which indicates a significant decrease from 92.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 161.47% in the past 14 days, which was higher than the 132.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5119, while its 200-day Moving Average is $0.5998. Now, the first resistance to watch is $1.0367. This is followed by the second major resistance level at $1.1533. The third major resistance level sits at $1.3467. If the price goes on to break the first support level at $0.7267, it is likely to go to the next support level at $0.5333. Now, if the price goes above the second support level, the third support stands at $0.4167.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Key Stats
Market capitalization of the company is 28.88 million based on 31,385K outstanding shares. Right now, sales total 0 K and income totals -8,160 K. The company made 0 K in profit during its latest quarter, and -4,940 K in sales during its previous quarter.
