Stock Price, News, Quote and Profile of NEW HORIZON AIRCRAFT LTD(NASDAQ:HOVR) stock

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NEW HORIZON AIRCRAFT LTD

NASDAQ:HOVR (6/28/2024, 7:05:58 PM)

After market: 0.5411 -0.01 (-2.5%)

0.555

-0.03 (-5.77%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorN/A

GICS IndustryN/A

GICS SubIndustry

Chartmill FA Rating

Valuation

Growth

Profitability

Health

Dividend

Chartmill High Growth Momentum

EPS Q2Q%

Sales Q2Q%

CRS

6 MonthN/A

Overview

Earnings (Last)

Earnings (Next)

Ins Owners

Inst Owners

Market Cap10.11M

PE1.05

Fwd PEN/A

Dividend YieldN/A

Analysts

IPO

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Company Profile

New Horizon Aircraft Ltd is a CA-based company operating in industry. The company is headquartered in Lindsay, Ontario. The company went IPO on 2023-02-10. New Horizon Aircraft Ltd. is a Canada-based advanced aerospace engineering company. The firm is engaged in developing hybrid Electric Vertical Takeoff and Landing (eVTOL) aircraft. The Company’s Cavorite X7 prototype can take off vertically, but once in flight its patented HOVR wing system reverts to the configuration of a conventional airplane. The company operates with up to 30% less hydrocarbon emissions. The company is designed to operate in bad weather, with flight in known icing conditions. The company is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The firm's Cavorite X7 range opens up a wide spectrum of uses, such as critical medical supplies to remote areas, delivery of supplies and rescue of people from post-hurricane zones, business travel/inter-city and regional shuttle, transportation to underserved remote regions, evacuation, and special events control.