The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
New Horizon Aircraft Ltd (NASDAQ: HOVR) closed the day trading at $2.78 up 9.45% from the previous closing price of $2.54. In other words, the price has increased by $9.45 from its previous closing price. On the day, 1.39 million shares were traded. HOVR stock price reached its highest trading level at $2.874 during the session, while it also had its lowest trading level at $2.54.
Ratios:
For a better understanding of HOVR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.16 and its Current Ratio is at 6.16. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 06 ’25 when Lee Stewart Murray sold 10,000 shares for $1.75 per share. The transaction valued at 17,500 led to the insider holds 228,194 shares of the business.
Lee Stewart Murray sold 10,000 shares of HOVR for $17,000 on Jul 22 ’25. The Head of People & Strategy now owns 238,194 shares after completing the transaction at $1.70 per share. On Jul 24 ’25, another insider, O’Neill Jason Michael, who serves as the Chief Operating Officer of the company, sold 40,000 shares for $1.72 each. As a result, the insider received 68,800 and left with 343,598 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOVR now has a Market Capitalization of 109005608 and an Enterprise Value of 107765608. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.33.
Stock Price History:
The Beta on a monthly basis for HOVR is 2.80, which has changed by 9.373135 over the last 52 weeks, in comparison to a change of 0.16766965 over the same period for the S&P500. Over the past 52 weeks, HOVR has reached a high of $2.92, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 52.70%, while the 200-Day Moving Average is calculated to be 151.81%.
Shares Statistics:
Over the past 3-months, HOVR traded about 993.94K shares per day on average, while over the past 10 days, HOVR traded about 1553550 shares per day. A total of 32.33M shares are outstanding, with a floating share count of 29.79M. Insiders hold about 24.02% of the company’s shares, while institutions hold 16.15% stake in the company. Shares short for HOVR as of 1757894400 were 766485 with a Short Ratio of 0.77, compared to 1755216000 on 998130. Therefore, it implies a Short% of Shares Outstanding of 766485 and a Short% of Float of 2.4899999999999998.
Earnings Estimates
The stock of New Horizon Aircraft Ltd (HOVR) is currently in the spotlight, with 2 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.11 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.3 and -$0.47 for the fiscal current year, implying an average EPS of -$0.38. EPS for the following year is -$0.34, with 2.0 analysts recommending between -$0.33 and -$0.34.
