New Horizon Aircraft Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $3.29 on 03/08/24 and the lowest value was $0.24 on 10/03/24.
52-week price history of HOVR Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. New Horizon Aircraft Ltd’s current trading price is -82.68% away from its 52-week high, while its distance from the 52-week low is 137.50%. The stock’s price range during the 52-week period has remained between $0.24 and $3.29. In the Industrials sector, the company’s shares saw a trading volume of around 0.57 million for the day, which was evidently lower than the average daily volume of 4.64 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
New Horizon Aircraft Ltd (HOVR) has experienced a quarterly rise of 97.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.81M 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 0.5931, with a change in price of -0.2300. Similarly, New Horizon Aircraft Ltd recorded 3,244,859 in trading volume during the last 100 days, posting a change of -28.75%.
HOVR Stock Stochastic Average
New Horizon Aircraft Ltd’s raw stochastic average for the past 50 days is presently 8.62%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 4.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.06% and 13.22%, respectively.
HOVR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -49.56%. However, over the past six months, we’ve seen a stronger performance of -17.39%. The price of HOVR leaped by -43.56% over the last 30 days. And in the last five days, it has fallen by -6.56%.
