Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of New Horizon Aircraft Ltd (NASDAQ: HOVR) was $1.61 for the day, down -1.83% from the previous closing price of $1.64. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 0.59 million shares were traded. HOVR stock price reached its highest trading level at $1.7 during the session, while it also had its lowest trading level at $1.58.
Ratios:
Our analysis of HOVR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.16 and its Current Ratio is at 6.16. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 06 ’25 when Lee Stewart Murray sold 10,000 shares for $1.75 per share. The transaction valued at 17,500 led to the insider holds 228,194 shares of the business.
Lee Stewart Murray sold 10,000 shares of HOVR for $17,000 on Jul 22 ’25. The Head of People & Strategy now owns 238,194 shares after completing the transaction at $1.70 per share. On Jul 24 ’25, another insider, O’Neill Jason Michael, who serves as the Chief Operating Officer of the company, sold 40,000 shares for $1.72 each. As a result, the insider received 68,800 and left with 343,598 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 64109396 and an Enterprise Value of 61889148. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.72.
Stock Price History:
The Beta on a monthly basis for HOVR is 2.65, which has changed by 0.61 over the last 52 weeks, in comparison to a change of 0.20221436 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 -2.01%, while the 200-Day Moving Average is calculated to be 68.55%.
Shares Statistics:
HOVR traded an average of 1.73M shares per day over the past three months and 675610 shares per day over the past ten days. A total of 32.33M shares are outstanding, with a floating share count of 27.34M. Insiders hold about 30.28% of the company’s shares, while institutions hold 18.40% stake in the company. Shares short for HOVR as of 1755216000 were 998130 with a Short Ratio of 0.58, compared to 1752537600 on 1026209. Therefore, it implies a Short% of Shares Outstanding of 998130 and a Short% of Float of 3.81.
Earnings Estimates
The stock of New Horizon Aircraft Ltd (HOVR) is currently drawing attention from 1 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.16 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.3 and -$0.47 for the fiscal current year, implying an average EPS of -$0.38. EPS for the following year is -$0.34, with 2.0 analysts recommending between -$0.33 and -$0.34.
