New Horizon Aircraft Ltd (NASDAQ: HOVR) on Friday, soared 7.50% from the previous trading day, before settling in for the closing price of $1.2. Within the past 52 weeks, HOVR’s price has moved between $0.35 and $4.18.
The company achieved an average annual earnings per share of -559.95%. With a float of $33.61 million, this company’s outstanding shares have now reached $39.56 million.
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 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) Performance Highlights and Predictions
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 -0.54 in one year’s time.
Technical Analysis of New Horizon Aircraft Ltd (HOVR)
The latest stats from [New Horizon Aircraft Ltd, HOVR] show that its last 5-days average volume of 1.77 million was superior to 1.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 7.63%.
During the past 100 days, New Horizon Aircraft Ltd’s (HOVR) raw stochastic average was set at 4.30%, which indicates a significant decrease from 11.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.2132 in the past 14 days, which was lower than the 0.2262 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.3990, while its 200-day Moving Average is $1.3941. Now, the first resistance to watch is $1.3567. This is followed by the second major resistance level at $1.4233. The third major resistance level sits at $1.5017. If the price goes on to break the first support level at $1.2117, it is likely to go to the next support level at $1.1333. Assuming the price breaks the second support level, the third support level stands at $1.0667.
New Horizon Aircraft Ltd (NASDAQ: HOVR) Key Stats
Market capitalization of the company is 55.93 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.
