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.
After finishing at $1.51 in the prior trading day, New Horizon Aircraft Ltd (NASDAQ: HOVR) closed at $1.74, up 15.23%. In other words, the price has increased by $15.23 from its previous closing price. On the day, 3.79 million shares were traded. HOVR stock price reached its highest trading level at $1.9501 during the session, while it also had its lowest trading level at $1.61.
Ratios:
Our goal is to gain a better understanding of HOVR by taking a closer look at 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:
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 Jun 23 ’25 when Robinson Eric Brandon bought 1,111 shares for $2.25 per share. The transaction valued at 2,500 led to the insider holds 47,037 shares of the business.
Merker Brian Frederick bought 751 shares of HOVR for $1,690 on Jun 23 ’25. The Chief Financial Officer now owns 32,351 shares after completing the transaction at $2.25 per share. On Jun 23 ’25, another insider, O’Neill Jason Michael, who serves as the Chief Operating Officer of the company, bought 656 shares for $2.25 each. As a result, the insider paid 1,476 and bolstered with 266,624 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 54610076 and an Enterprise Value of 51713156. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47.
Stock Price History:
The Beta on a monthly basis for HOVR is 2.39, which has changed by 2.3461537 over the last 52 weeks, in comparison to a change of 0.12748289 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 81.93%, while the 200-Day Moving Average is calculated to be 160.24%.
Shares Statistics:
The stock has traded on average 1.49M shares per day over the past 3-months and 5403150 shares per day over the last 10 days, according to various share statistics. A total of 31.23M shares are outstanding, with a floating share count of 22.29M. Insiders hold about 28.96% of the company’s shares, while institutions hold 18.51% stake in the company. Shares short for HOVR as of 1749772800 were 225743 with a Short Ratio of 0.15, compared to 1747267200 on 31466. Therefore, it implies a Short% of Shares Outstanding of 225743 and a Short% of Float of 1.1199999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of New Horizon Aircraft Ltd (HOVR) is currently being evaluated by 2 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0.41 and $0.28 for the fiscal current year, implying an average EPS of $0.34. EPS for the following year is -$0.38, with 2.0 analysts recommending between -$0.3 and -$0.47.
