Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, New Horizon Aircraft Ltd’s stock clocked out at $0.92, up 33.33% from its previous closing price of $0.69. In other words, the price has increased by $33.33 from its previous closing price. On the day, 4.06 million shares were traded. HOVR stock price reached its highest trading level at $0.96 during the session, while it also had its lowest trading level at $0.65.
Ratios:
To gain a deeper understanding of HOVR’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
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 28874292 and an Enterprise Value of 25977336. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31.
Stock Price History:
The Beta on a monthly basis for HOVR is 1.26, which has changed by -0.07999998 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, HOVR has reached a high of $1.67, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 79.72%, while the 200-Day Moving Average is calculated to be 53.37%.
Shares Statistics:
It appears that HOVR traded 350.76K shares on average per day over the past three months and 1384530 shares per day over the past ten days. 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. Shares short for HOVR as of 1745971200 were 150057 with a Short Ratio of 0.43, compared to 1743379200 on 338816. Therefore, it implies a Short% of Shares Outstanding of 150057 and a Short% of Float of 0.74.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
