NEW HORIZON AIRCRAFT LTD (HOVR) Stock Overview
NASDAQ:HOVR - CA64550A1075 - Common Stock
HOVR Key Statistics, Chart & Performance
The current stock price of HOVR is 1.66 USD. In the past month the price increased by 1.84%. In the past year, price increased by 61.17%.
HOVR Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| GE | GENERAL ELECTRIC | 47.43 | 282.64B | ||
| RTX | RTX CORP | 25.95 | 209.13B | ||
| BA | BOEING CO/THE | N/A | 174.01B | ||
| LMT | LOCKHEED MARTIN CORP | 15.37 | 104.17B | ||
| GD | GENERAL DYNAMICS CORP | 21.45 | 85.97B | ||
| NOC | NORTHROP GRUMMAN CORP | 22.31 | 84.83B | ||
| TDG | TRANSDIGM GROUP INC | 38.73 | 79.37B | ||
| HWM | HOWMET AEROSPACE INC | 53.11 | 68.94B | ||
| AXON | AXON ENTERPRISE INC | 108.53 | 60.15B | ||
| LHX | L3HARRIS TECHNOLOGIES INC | 22.98 | 51.59B | ||
| HEI | HEICO CORP | 72.33 | 43.06B | ||
| HEI.A | HEICO CORP-CLASS A | 56.92 | 33.89B |
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About HOVR
Company Profile
New Horizon Aircraft Ltd. engages in manufacturing aircraft. 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: 12
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 1.66 USD. The price increased by 5.06% 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?
8 analysts have analysed HOVR and the average price target is 1.96 USD. This implies a price increase of 17.83% is expected in the next year compared to the current price of 1.66. 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 52.11M USD. This makes HOVR a Micro Cap stock.
How many employees does NEW HORIZON AIRCRAFT LTD have?
NEW HORIZON AIRCRAFT LTD (HOVR) currently has 12 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 1.62 and a resistance level at 1.77. 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:
- The Technical Analysis (TA) tab contains a technical analysis of HOVR, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of HOVR, evaluating the profitability, health, valuation and growth aspects
- NEW HORIZON AIRCRAFT LTD (HOVR) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- NEW HORIZON AIRCRAFT LTD (HOVR) Sales and EPS estimates to see what analysts future expectations are.
- NEW HORIZON AIRCRAFT LTD (HOVR) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- NEW HORIZON AIRCRAFT LTD (HOVR) Insider and Institutional Ownership to learn about the owners and their transactions.
- NEW HORIZON AIRCRAFT LTD (HOVR) Stock Chart to make your own analysis
- NEW HORIZON AIRCRAFT LTD (HOVR) Latest news and press-releases to stay up to date.
Does NEW HORIZON AIRCRAFT LTD (HOVR) stock pay dividends?
HOVR does not pay a dividend.
When does NEW HORIZON AIRCRAFT LTD (HOVR) report earnings?
NEW HORIZON AIRCRAFT LTD (HOVR) will report earnings on 2025-10-06.
What is the Price/Earnings (PE) ratio of NEW HORIZON AIRCRAFT LTD (HOVR)?
The PE ratio for NEW HORIZON AIRCRAFT LTD (HOVR) is 4.37. This is based on the reported non-GAAP earnings per share of 0.38 and the current share price of 1.66 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 6.21% of its float. Check the ownership tab for more information on the HOVR short interest.
HOVR Technical Analysis
ChartMill assigns a technical rating of 9 / 10 to HOVR. When comparing the yearly performance of all stocks, HOVR is one of the better performing stocks in the market, outperforming 95.01% of all stocks.
HOVR Fundamental Analysis
ChartMill assigns a fundamental rating of 1 / 10 to HOVR. HOVR may be in some trouble as it scores bad on both profitability and health.
HOVR Financial Highlights
Over the last trailing twelve months HOVR reported a non-GAAP Earnings per Share(EPS) of 0.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | 7.06% | ||
| ROE | 7.49% | ||
| Debt/Equity | 0 |
HOVR Forecast & Estimates
8 analysts have analysed HOVR and the average price target is 1.96 USD. This implies a price increase of 17.83% is expected in the next year compared to the current price of 1.66.