Market Insight: New Horizon Aircraft Ltd (HOVR)’s Notable Drop%, Closing at $3.62

Kevin Freeman

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

In the latest session, New Horizon Aircraft Ltd (NASDAQ: HOVR) closed at $3.62 down -7.42% from its previous closing price of $3.91. In other words, the price has decreased by -$7.42 from its previous closing price. On the day, 3.05 million shares were traded. HOVR stock price reached its highest trading level at $4.18 during the session, while it also had its lowest trading level at $3.515.

Ratios:

For a deeper understanding of New Horizon Aircraft Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.97 and its Current Ratio is at 7.97. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 24 ’25 when Robinson Eric Brandon sold 90,000 shares for $2.24 per share. The transaction valued at 201,780 led to the insider holds 1,612,510 shares of the business.

Robinson Eric Brandon sold 90,000 shares of HOVR for $200,430 on Sep 23 ’25. The Chief Executive Officer now owns 1,702,510 shares after completing the transaction at $2.23 per share. On Aug 06 ’25, another insider, Lee Stewart Murray, who serves as the Head of People & Strategy of the company, sold 10,000 shares for $1.75 each. As a result, the insider received 17,500 and left with 228,194 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 148302576 and an Enterprise Value of 138337584. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.44.

Stock Price History:

The Beta on a monthly basis for HOVR is 2.46, which has changed by 10.602374 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, HOVR has reached a high of $4.00, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 70.27%, while the 200-Day Moving Average is calculated to be 197.13%.

Shares Statistics:

For the past three months, HOVR has traded an average of 1.17M shares per day and 2031370 over the past ten days. A total of 39.56M shares are outstanding, with a floating share count of 31.31M. Insiders hold about 23.57% of the company’s shares, while institutions hold 15.46% stake in the company. Shares short for HOVR as of 1759190400 were 783737 with a Short Ratio of 0.67, compared to 1756425600 on 694242. Therefore, it implies a Short% of Shares Outstanding of 783737 and a Short% of Float of 2.54.

Earnings Estimates

. The current assessment of New Horizon Aircraft Ltd (HOVR) involves the perspectives of 1 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.

Analysts are recommending an EPS of between -$0.67 and -$0.67 for the fiscal current year, implying an average EPS of -$0.67. EPS for the following year is -$0.35, with 2.0 analysts recommending between -$0.33 and -$0.38.

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