Logo image of HOVR

NEW HORIZON AIRCRAFT LTD (HOVR) Stock Price, Quote, News and Overview

NASDAQ:HOVR - Nasdaq - CA64550A1075 - Common Stock - Currency: USD

0.53  +0.03 (+6.7%)

After market: 0.5284 0 (-0.3%)

HOVR Quote, Performance and Key Statistics

NEW HORIZON AIRCRAFT LTD

NASDAQ:HOVR (2/21/2025, 8:25:55 PM)

After market: 0.5284 0 (-0.3%)

0.53

+0.03 (+6.7%)

Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
GICS IndustryGroupCapital Goods
GICS SubIndustryAerospace & Defense
Statistics
52 Week High3.29
52 Week Low0.24
Market Cap16.55M
Shares31.23M
Float18.71M
Yearly DividendN/A
Dividend YieldN/A
PE1
Fwd PEN/A
Earnings (Next)N/A N/A
IPO02-10 2023-02-10


HOVR short term performance overview.The bars show the price performance of HOVR in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -20 -40

HOVR long term performance overview.The bars show the price performance of HOVR in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60

The current stock price of HOVR is 0.53 USD. In the past month the price decreased by -37.22%. In the past year, price decreased by -64.43%.

NEW HORIZON AIRCRAFT LTD / HOVR Daily stock chart

HOVR Competitors/Peers

The largest stocks on the US markets in the "Aerospace & Defense" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
GE GENERAL ELECTRIC 44.51 214.48B
RTX RTX CORP 21.48 164.24B
BA BOEING CO/THE N/A 132.87B
LMT LOCKHEED MARTIN CORP 15.9 103.74B
TDG TRANSDIGM GROUP INC 37.23 72.35B
GD GENERAL DYNAMICS CORP 17.82 65.71B
NOC NORTHROP GRUMMAN CORP 17.18 64.85B
HWM HOWMET AEROSPACE INC 48.26 52.74B
AXON AXON ENTERPRISE INC 104.31 39.13B
LHX L3HARRIS TECHNOLOGIES INC 15.18 37.75B
HEI HEICO CORP 61.65 31.33B
HEI.A HEICO CORP-CLASS A 49.91 25.37B

About HOVR

Company Profile

HOVR logo image New Horizon Aircraft Ltd. is an advanced aerospace original equipment manufacturer, which engages in the designing and aiming to build a next generation hybrid electric vertical takeoff and landing aircraft for the regional air mobility market. The company is headquartered in Lindsay, Ontario. The company went IPO on 2023-02-10. 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.

Company Info

NEW HORIZON AIRCRAFT LTD

3187 Highway 35

Lindsay ONTARIO CA

Employees: 20

Company Website: https://www.horizonaircraft.com/

Phone: 16138661935

NEW HORIZON AIRCRAFT LTD / HOVR FAQ

What is the stock price of NEW HORIZON AIRCRAFT LTD today?

The current stock price of HOVR is 0.53 USD. The price increased by 6.7% in the last trading session.


What is the ticker symbol for NEW HORIZON AIRCRAFT LTD stock?

The exchange symbol of NEW HORIZON AIRCRAFT LTD is HOVR and it is listed on the Nasdaq exchange.


On which exchange is HOVR stock listed?

HOVR stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for NEW HORIZON AIRCRAFT LTD stock?

7 analysts have analysed HOVR and the average price target is 2.04 USD. This implies a price increase of 284.91% is expected in the next year compared to the current price of 0.53. Check the NEW HORIZON AIRCRAFT LTD stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is NEW HORIZON AIRCRAFT LTD worth?

NEW HORIZON AIRCRAFT LTD (HOVR) has a market capitalization of 16.55M USD. This makes HOVR a Nano Cap stock.


How many employees does NEW HORIZON AIRCRAFT LTD have?

NEW HORIZON AIRCRAFT LTD (HOVR) currently has 20 employees.


What are the support and resistance levels for NEW HORIZON AIRCRAFT LTD (HOVR) stock?

NEW HORIZON AIRCRAFT LTD (HOVR) has a support level at 0.49 and a resistance level at 0.8. Check the full technical report for a detailed analysis of HOVR support and resistance levels.


Should I buy NEW HORIZON AIRCRAFT LTD (HOVR) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does NEW HORIZON AIRCRAFT LTD (HOVR) stock pay dividends?

HOVR does not pay a dividend.


What is the Price/Earnings (PE) ratio of NEW HORIZON AIRCRAFT LTD (HOVR)?

The PE ratio for NEW HORIZON AIRCRAFT LTD (HOVR) is 1. This is based on the reported non-GAAP earnings per share of 0.53 and the current share price of 0.53 USD. Check the full fundamental report for a full analysis of the valuation metrics for HOVR.


What is the Short Interest ratio of NEW HORIZON AIRCRAFT LTD (HOVR) stock?

The outstanding short interest for NEW HORIZON AIRCRAFT LTD (HOVR) is 1.84% of its float. Check the ownership tab for more information on the HOVR short interest.


HOVR Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

HOVR Fundamental Analysis

ChartMill assigns a fundamental rating of 1 / 10 to HOVR. HOVR has a bad profitability rating. Also its financial health evaluation is rather negative.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

HOVR Financial Highlights

Over the last trailing twelve months HOVR reported a non-GAAP Earnings per Share(EPS) of 0.53.


Industry RankSector Rank
PM (TTM) N/A
ROA 7.06%
ROE 7.49%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%N/A
Sales Q2Q%N/A
EPS 1Y (TTM)N/A
Revenue 1Y (TTM)N/A

HOVR Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 83% to HOVR. The Buy consensus is the average rating of analysts ratings from 7 analysts.


Ownership
Inst Owners5.78%
Ins Owners8.74%
Short Float %1.84%
Short Ratio0.17
Analysts
Analysts82.86
Price Target2.04 (284.91%)
EPS Next YN/A
Revenue Next YearN/A