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New Horizon Aircraft Ltd (NASDAQ: HOVR) closed the day trading at $0.63 down -14.59% from the previous closing price of $0.74. In other words, the price has decreased by -$14.59 from its previous closing price. On the day, 0.57 million shares were traded. HOVR stock price reached its highest trading level at $0.7412 during the session, while it also had its lowest trading level at $0.59.
Ratios:
For a better understanding of HOVR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.50 and its Current Ratio is at 3.50.
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 11537157 and an Enterprise Value of 9010359. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.12.
Stock Price History:
Over the past 52 weeks, HOVR has reached a high of $12.14, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is -4.63%, while the 200-Day Moving Average is calculated to be -83.07%.
Shares Statistics:
Over the past 3-months, HOVR traded about 1.20M shares per day on average, while over the past 10 days, HOVR traded about 244460 shares per day. A total of 18.61M shares are outstanding, with a floating share count of 8.51M. Insiders hold about 54.29% of the company’s shares, while institutions hold 15.53% stake in the company. Shares short for HOVR as of 1722384000 were 449812 with a Short Ratio of 0.38, compared to 1719532800 on 165173. Therefore, it implies a Short% of Shares Outstanding of 449812 and a Short% of Float of 6.0599998.
