logo

HOVR Stock Update: New Horizon Aircraft Ltd’s Banking’s Market Struggles and Potential Opportunities

SLGG

New Horizon Aircraft Ltd’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $12.14 on 01/04/24, and the lowest price during that time was $0.24, recorded on 10/03/24.

52-week price history of HOVR Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. New Horizon Aircraft Ltd’s current trading price is -94.11% away from its 52-week high, while its distance from the 52-week low is 197.92%. The stock’s price range for this period has remained between $0.24 and $12.14. The Industrials sector company’s shares managed to surpass a trading volume of around 1.1 million for the day, which was noticeably lower compared to the shares’ average daily volume of 3.8 million over the last three months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Financial Performance and Market Capitalization

New Horizon Aircraft Ltd (HOVR) has experienced a quarterly decline of -4.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.17M and boasts a workforce of 16 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5801, with a change in price of -0.0600. Similarly, New Horizon Aircraft Ltd recorded 2,652,101 in trading volume during the last 100 days, posting a change of -7.74%.

HOVR Stock Stochastic Average

As of today, the raw stochastic average of New Horizon Aircraft Ltd over the past 50 days is 72.86%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 67.22%. Additionally, the Stochastic %K and %D values for the company were 53.03% and 49.15%, respectively, over the past 20 days.

HOVR Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -91.41% this year. Over the last six months, there has been a stronger performance of -2.05%. The price of HOVR fallen by 37.92% during the last 30 days period. For the last 5-days stocks have slided -1.43%.

Most Popular