The market performance of New Horizon Aircraft Ltd’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $12.14 on 01/04/24, while the lowest value for the same duration was $0.24 on 10/03/24.
52-week price history of HOVR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. New Horizon Aircraft Ltd’s current trading price is -93.84% away from its 52-week high, while its distance from the 52-week low is 211.80%. The stock’s price range during this period has spanned from $0.24 to $12.14. In the Industrials sector, the New Horizon Aircraft Ltd’s shares surpassed a trading volume of approximately 7.23 million for the day, which was noticeably higher compared to the average daily volume of 9.3.94 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
New Horizon Aircraft Ltd (HOVR) has experienced a quarterly rise of 33.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.44M and boasts a workforce of 16 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5748, with a change in price of +0.0732. Similarly, New Horizon Aircraft Ltd recorded 2,806,045 in trading volume during the last 100 days, posting a change of +10.91%.
HOVR Stock Stochastic Average
Today’s raw stochastic average for New Horizon Aircraft Ltd over the last 50 days is 77.31%.This indicates a increase from the raw stochastic average of the past 20 days, which was 68.23%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 47.04% and 41.62%, respectively.
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 metric has seen a significant loss of -91.01% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 31.86%. Over the past 30 days, the price of HOVR has fallen by 60.93%. And in the last five days, it has surged by 10.05%.