HOVR Stock Overview
An aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
New Horizon Aircraft Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.48 |
| 52 Week High | US$12.14 |
| 52 Week Low | US$0.24 |
| Beta | 0 |
| 11 Month Change | 53.57% |
| 3 Month Change | -51.60% |
| 1 Year Change | -95.49% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -95.34% |
Recent News & Updates
Recent updates
Shareholder Returns
| HOVR | US Aerospace & Defense | US Market | |
|---|---|---|---|
| 7D | 2.8% | 2.5% | 2.2% |
| 1Y | -95.5% | 40.3% | 31.6% |
Return vs Industry: HOVR underperformed the US Aerospace & Defense industry which returned 40.2% over the past year.
Return vs Market: HOVR underperformed the US Market which returned 31.7% over the past year.
Price Volatility
| HOVR volatility | |
|---|---|
| HOVR Average Weekly Movement | 25.6% |
| Aerospace & Defense Industry Average Movement | 7.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HOVR's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: HOVR's weekly volatility (26%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 20 | E. Robinson | www.horizonaircraft.com |
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd. Fundamentals Summary
| HOVR fundamental statistics | |
|---|---|
| Market cap | US$11.68m |
| Earnings (TTM) | -US$7.62m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-1.5x
P/E RatioIs HOVR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HOVR income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$10.66m |
| Earnings | -CA$10.65m |
Last Reported Earnings
Aug 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.43 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did HOVR perform over the long term?
See historical performance and comparison