New Horizon Aircraft (HOVR) Stock Price, News & Analysis

Company Overview

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd. was founded in 2013 and is headquartered in Lindsay, Canada.

Key Stats

• Today's Range: $0.47 to $0.54
• 50-Day Range: $0.26 to $0.57
• 52-Week Range: $0.24 to $12.14
• Volume: 1.08 million shs
• Average Volume: 1.28 million shs
• Market Capitalization: $11.92 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Strong Buy

HOVR Stock Analysis - Frequently Asked Questions

How have HOVR shares performed this year?

New Horizon Aircraft's stock was trading at $2.37 at the start of the year. Since then, HOVR shares have decreased by 79.5% and is now trading at $0.4850.
View the best growth stocks for 2024 here.

How were New Horizon Aircraft's earnings last quarter?

New Horizon Aircraft Ltd. (NASDAQ:HOVR) posted its quarterly earnings results on Thursday, October, 10th. The company reported ($0.11) EPS for the quarter.

How do I buy shares of New Horizon Aircraft?

Shares of HOVR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of New Horizon Aircraft own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Horizon Aircraft investors own include Plug Power (PLUG), Genius Group (GNS), Hour Loop (HOUR), Jiuzi (JZXN), Mullen Automotive (MULN), Tharimmune (THAR) and Aethlon Medical (AEMD).

Company Calendar

• Last Earnings: 10/10/2024
• Today: 11/27/2024
• Next Earnings (Estimated): 1/09/2025
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Aerospace
• Industry: Aircraft
• Sub-Industry: Aircraft
• Current Symbol: NASDAQ:HOVR
• Previous Symbol: NASDAQ:HOVR
• CUSIP: N/A
• CIK: 1930021
• Web: www.horizonaircraft.com
• Phone: 808-892-6611
• Fax: N/A
• Employees: 20
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.05
• Quick Ratio: 4.05

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.96) per share
• Price / Book: -0.52

Miscellaneous

• Outstanding Shares: 24,570,000
• Free Float: N/A
• Market Cap: $12.15 million
• Optionable: N/A
• Beta: -0.12