Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
New Horizon Aircraft Ltd (NASDAQ: HOVR) closed the day trading at $0.76 down -5.18% from the previous closing price of $0.81. In other words, the price has decreased by -$5.18 from its previous closing price. On the day, 0.84 million shares were traded. HOVR stock price reached its highest trading level at $0.8 during the session, while it also had its lowest trading level at $0.7.
Ratios:
For a better understanding of HOVR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.76 and its Current Ratio is at 2.76.
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 Jan 17 ’25 when Shindo Dustin M bought 312,300 shares for $0.89 per share.
Shindo Dustin M sold 102,000 shares of HOVR for $83,640 on Sep 18 ’24. The 10% Owner now owns 1,537,563 shares after completing the transaction at $0.82 per share. On Sep 13 ’24, another insider, Shindo Dustin M, who serves as the 10% Owner of the company, sold 48,079 shares for $0.76 each. As a result, the insider received 36,540 and left with 1,654,563 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 23838546 and an Enterprise Value of 17323704. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.39.
Stock Price History:
Over the past 52 weeks, HOVR has reached a high of $3.29, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 0.42%, while the 200-Day Moving Average is calculated to be -12.68%.
Shares Statistics:
Over the past 3-months, HOVR traded about 4.83M shares per day on average, while over the past 10 days, HOVR traded about 771200 shares per day. A total of 24.57M shares are outstanding, with a floating share count of 13.71M. Insiders hold about 44.21% of the company’s shares, while institutions hold 20.02% stake in the company. Shares short for HOVR as of 1735603200 were 902292 with a Short Ratio of 0.19, compared to 1732838400 on 685738. Therefore, it implies a Short% of Shares Outstanding of 902292 and a Short% of Float of 5.71.
