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.
The price of New Horizon Aircraft Ltd (NASDAQ: HOVR) closed at $1.53 in the last session, up 0.66% from day before closing price of $1.52. In other words, the price has increased by $0.66 from its previous closing price. On the day, 0.65 million shares were traded. HOVR stock price reached its highest trading level at $1.61 during the session, while it also had its lowest trading level at $1.51.
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 Jul 02 ’25 when Robinson Eric Brandon sold 250,000 shares for $1.75 per share. The transaction valued at 438,500 led to the insider holds 2,067,510 shares of the business.
Robinson Eric Brandon bought 1,111 shares of HOVR for $2,500 on Jun 23 ’25. The Chief Executive Officer now owns 47,037 shares after completing the transaction at $2.25 per share. On Jun 23 ’25, another insider, Merker Brian Frederick, who serves as the Chief Financial Officer of the company, bought 751 shares for $2.25 each. As a result, the insider paid 1,690 and bolstered with 32,351 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 57246324 and an Enterprise Value of 50771600. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.44.
Stock Price History:
The Beta on a monthly basis for HOVR is 2.65, which has changed by 2.109756 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, HOVR has reached a high of $2.52, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 32.70%, while the 200-Day Moving Average is calculated to be 116.20%.
Shares Statistics:
According to the various share statistics, HOVR traded on average about 1.69M shares per day over the past 3-months and 1221100 shares per day over the past 10 days. A total of 31.23M shares are outstanding, with a floating share count of 23.92M. Insiders hold about 36.07% of the company’s shares, while institutions hold 15.53% stake in the company. Shares short for HOVR as of 1749772800 were 225743 with a Short Ratio of 0.47, compared to 1747267200 on 31466. Therefore, it implies a Short% of Shares Outstanding of 225743 and a Short% of Float of 1.1199999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0