Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of New Horizon Aircraft Ltd (NASDAQ: HOVR) closed at $0.91 in the last session, down -11.67% from day before closing price of $1.03. In other words, the price has decreased by -$11.67 from its previous closing price. On the day, 0.88 million shares were traded.
Ratios:
We take a closer look at HOVR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.11 and its Current Ratio is at 7.11. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 20 ’25 when Shindo Dustin M sold 75,000 shares for $0.50 per share. The transaction valued at 37,500 led to the insider holds 1,394,368 shares of the business.
Shindo Dustin M sold 65,500 shares of HOVR for $32,095 on Feb 26 ’25. The Former 10% Owner now owns 1,308,793 shares after completing the transaction at $0.49 per share. On Feb 19 ’25, another insider, Shindo Dustin M, who serves as the Former 10% Owner of the company, sold 34,000 shares for $0.52 each. As a result, the insider received 17,680 and left with 1,469,368 shares of the company.
Valuation Measures:
As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.25.
Stock Price History:
Over the past 52 weeks, HOVR has reached a high of $1.63, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 54.07%, while the 200-Day Moving Average is calculated to be 48.37%.
Shares Statistics:
A total of 31.23M shares are outstanding, with a floating share count of 22.23M. Insiders hold about 29.18% of the company’s shares, while institutions hold 18.51% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0.41 and $0.28 for the fiscal current year, implying an average EPS of $0.34. EPS for the following year is -$0.38, with 2.0 analysts recommending between -$0.3 and -$0.47.
