The price-to-earnings ratio for New Horizon Aircraft Ltd (NASDAQ: HOVR) is 3.17x, which is above its average ratio. Moreover, the 36-month beta value for HOVR is 2.19. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HOVR is 22.23M and currently, short sellers hold a 0.14% of that float. On June 04, 2025, HOVR’s average trading volume was 533.59K shares.
HOVR) stock’s latest price update
New Horizon Aircraft Ltd (NASDAQ: HOVR)’s stock price has dropped by -11.67 in relation to previous closing price of 1.03. Nevertheless, the company has seen a gain of 5.78% in its stock price over the last five trading days. globenewswire.com reported 2025-05-20 that TORONTO, May 20, 2025 (GLOBE NEWSWIRE) — New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of one the world’s first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, announces that management will present at the Jefferies eVTOL/AAM Summit being held virtually on Wednesday, May 28, 2025. Additionally, management of the Company will be available for 1×1 meetings during the conference.
HOVR’s Market Performance
New Horizon Aircraft Ltd (HOVR) has seen a 5.78% rise in stock performance for the week, with a 75.13% gain in the past month and a 95.70% surge in the past quarter. The volatility ratio for the week is 9.97%, and the volatility levels for the past 30 days are at 10.76% for HOVR. The simple moving average for the past 20 days is 22.08% for HOVR’s stock, with a 48.37% simple moving average for the past 200 days.
HOVR Trading at 54.07% from the 50-Day Moving Average
After a stumble in the market that brought HOVR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.18% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HOVR starting from Shindo Dustin M, who sale 75,000 shares at the price of $0.50 back on Feb 20 ’25. After this action, Shindo Dustin M now owns 1,394,368 shares of New Horizon Aircraft Ltd, valued at $37,500 using the latest closing price.
Shindo Dustin M, the Former 10% Owner of New Horizon Aircraft Ltd, sale 65,500 shares at $0.49 during a trade that took place back on Feb 26 ’25, which means that Shindo Dustin M is holding 1,308,793 shares at $32,095 based on the most recent closing price.
Stock Fundamentals for HOVR
Current profitability levels for the company are sitting at:
- -264.71 for the present operating margin
- 0.22 for the gross margin
The net margin for New Horizon Aircraft Ltd stands at 251.54. The total capital return value is set at -1.25.
Based on New Horizon Aircraft Ltd (HOVR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -248.31. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 1304.76.
Currently, EBITDA for the company is -7.83 million with net debt to EBITDA at 0.83. When we switch over and look at the enterprise to sales, we see a ratio of 461.74. The receivables turnover for the company is 0.28for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.11.
Conclusion
To wrap up, the performance of New Horizon Aircraft Ltd (HOVR) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
