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.
As of close of business last night, New Horizon Aircraft Ltd’s stock clocked out at $1.7, down -3.95% from its previous closing price of $1.77. In other words, the price has decreased by -$3.95 from its previous closing price. On the day, 1.25 million shares were traded. HOVR stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.58.
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 Jun 27 ’25 when Lee Stewart Murray sold 50,000 shares for $1.78 per share. The transaction valued at 89,050 led to the insider holds 248,194 shares of the business.
Robinson Eric Brandon sold 250,000 shares of HOVR for $438,500 on Jul 02 ’25. The Chief Executive Officer now owns 2,067,510 shares after completing the transaction at $1.75 per share. On Jun 23 ’25, another insider, Robinson Eric Brandon, who serves as the Chief Executive Officer of the company, bought 1,111 shares for $2.25 each. As a result, the insider paid 2,500 and bolstered with 47,037 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 63607032 and an Enterprise Value of 52654712. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.49.
Stock Price History:
The Beta on a monthly basis for HOVR is 2.64, which has changed by 1.1935484 over the last 52 weeks, in comparison to a change of 0.16260707 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 29.31%, while the 200-Day Moving Average is calculated to be 127.23%.
Shares Statistics:
It appears that HOVR traded 1.81M shares on average per day over the past three months and 1394270 shares per day over the past ten days. A total of 31.23M shares are outstanding, with a floating share count of 23.24M. Insiders hold about 37.89% of the company’s shares, while institutions hold 15.53% stake in the company. Shares short for HOVR as of 1751241600 were 788722 with a Short Ratio of 0.44, compared to 1748563200 on 360526. Therefore, it implies a Short% of Shares Outstanding of 788722 and a Short% of Float of 3.01.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0