As on Thursday, New Horizon Aircraft Ltd (NASDAQ: HOVR) started slowly as it slid -5.00% to $1.52, before settling in for the price of $1.6 at the close. Taking a more long-term approach, HOVR posted a 52-week range of $0.24-$2.52.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Nevertheless, stock’s Earnings Per Share (EPS) this year is 151.68%. This publicly-traded company’s shares outstanding now amounts to $31.23 million, simultaneously with a float of $23.92 million. The organization now has a market capitalization sitting at $56.88 million. At the time of writing, stock’s 50-day Moving Average stood at $1.1329, while the 200-day Moving Average is $0.7028.
New Horizon Aircraft Ltd (HOVR) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Aerospace & Defense industry. New Horizon Aircraft Ltd’s current insider ownership accounts for 36.07%, in contrast to 15.53% institutional ownership. According to the most recent insider trade that took place on Jul 02 ’25, this organization’s Chief Executive Officer sold 250,000 shares at the rate of 1.75, making the entire transaction reach 438,500 in total value, affecting insider ownership by 2,067,510. Preceding that transaction, on Jun 23 ’25, Company’s Chief Executive Officer bought 1,111 for 2.25, making the whole transaction’s value amount to 2,500. This particular insider is now the holder of 47,037 in total.
New Horizon Aircraft Ltd (HOVR) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
New Horizon Aircraft Ltd’s EPS increase for this current 12-month fiscal period is 151.68% and is forecasted to reach -0.36 in the upcoming year.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Trading Performance Indicators
Let’s observe the current performance indicators for New Horizon Aircraft Ltd (HOVR). It’s Quick Ratio in the last reported quarter now stands at 7.11. Alongside those numbers, its PE Ratio stands at $5.29, and its Beta score is 2.66.
In the same vein, HOVR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.29, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be -0.36 at the market close of one year from today.
Technical Analysis of New Horizon Aircraft Ltd (HOVR)
Through scrutinizing the latest numbers posted by the [New Horizon Aircraft Ltd, HOVR], it can be observed that its last 5-days Average volume of 0.89 million was lower the volume of 1.07 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 27.34% While, its Average True Range was 46.64%.
Raw Stochastic average of New Horizon Aircraft Ltd (HOVR) in the period of the previous 100 days is set at 53.92%, which indicates a major rise in contrast to 14.53% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 0.2653 that was higher than 0.1255 volatility it exhibited in the past 100-days period.
