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.
After finishing at $0.90 in the prior trading day, New Horizon Aircraft Ltd (NASDAQ: HOVR) closed at $0.94, up 3.89%. In other words, the price has increased by $3.89 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
Our goal is to gain a better understanding of HOVR by taking a closer look at its different ratios. 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:
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 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 3.26. 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 52.67%, while the 200-Day Moving Average is calculated to be 51.73%.
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.
