New Horizon Aircraft Ltd (NASDAQ: HOVR) is 206.61% higher on its value in year-to-date trading and has touched a low of $0.24 and a high of $2.52 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HOVR stock was last observed hovering at around $1.51 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.49M, the stock is 18.11% and 81.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.79 million and changing 3794290% at the moment leaves the stock 160.24% off its SMA200. HOVR registered 53.98% gain for a year compared to 6-month gain of 132.00%. The firm has a 50-day simple moving average (SMA 50) of $0.95644 and a 200-day simple moving average (SMA200) of $0.66864.
The stock witnessed a 77.73% loss in the last 1 month and extending the period to 3 months gives it a 218.22%, and is -21.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 22.78% over the week and 23.08% over the month.
New Horizon Aircraft Ltd (HOVR) has around 16 employees, a market worth around $54.61M and $0.00M in sales. Current P/E ratio is 6.06. Distance from 52-week low is 625.00% and -30.95% from its 52-week high. The company has generated returns on investments over the last 12 months (153.48%).
The EPS is expected to grow by 151.44% this year.
New Horizon Aircraft Ltd (HOVR) Top Institutional Holders
6.0 institutions hold shares in New Horizon Aircraft Ltd (HOVR), with institutional investors hold 0.54% of the company’s shares. The shares outstanding are 31.23M, and float is at 22.29M with Short Float at 1.01%. Institutions hold 0.34% of the Float.
New Horizon Aircraft Ltd (HOVR) Insider Activity
The most recent transaction is an insider purchase by Robinson Eric Brandon, the company’s Chief Executive Officer. SEC filings show that Robinson Eric Brandon bought 1,111 shares of the company’s common stock on Jun 23 ’25 at a price of $2.25 per share for a total of $2500.0. Following the purchase, the insider now owns 47037.0 shares.
New Horizon Aircraft Ltd disclosed in a document filed with the SEC on Jun 23 ’25 that Merker Brian Frederick (Chief Financial Officer) bought a total of 751 shares of the company’s common stock. The trade occurred on Jun 23 ’25 and was made at $2.25 per share for $1690.0. Following the transaction, the insider now directly holds 32351.0 shares of the HOVR stock.
Still, SEC filings show that on Jun 23 ’25, O’Neill Jason Michael (Chief Operating Officer) acquired 656 shares at an average price of $2.25 for $1476.0. The insider now directly holds 266,624 shares of New Horizon Aircraft Ltd (HOVR).
