Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 122.86%.However, over the last six months, we can see a weaker performance of 133.53%. Over the last 30 days, the price of HOVR has leaped by -1.27%. And in the last five days, it has fallen by -5.45%.
New Horizon Aircraft Ltd (HOVR) currently has a stock price of $1.56. The stock saw a sharp increase in the last trading session, hitting a high of $2.47 after opening at $1.56. The lowest recorded price for the day was $1.26 before it closed at $1.41.
New Horizon Aircraft Ltd’s stock has seen a smooth market performance.
52-week price history of HOVR Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. New Horizon Aircraft Ltd’s current trading price is -38.10% away from its 52-week high, while its distance from the 52-week low is 550.00%. The stock’s price range for this period has been between $0.24 and $2.52. The Industrials sector company’s shares saw a trading volume of about 0.94 million for the day, which was lower than the average daily volume of 1.87 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
New Horizon Aircraft Ltd (HOVR) has experienced a quarterly rise of 200.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 58.37M and boasts a workforce of 16 employees.
Expert Opinions: Analysts’ Ratings for New Horizon Aircraft Ltd
As of right now, 2 analysts are rating New Horizon Aircraft Ltd as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0019, with a change in price of +1.0741. Similarly, New Horizon Aircraft Ltd recorded 1,257,185 in trading volume during the last 100 days, posting a change of +221.05%.
HOVR Stock Stochastic Average
As of today, the raw stochastic average of New Horizon Aircraft Ltd over the last 50 days is at 43.86%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 39.32%. Further, the company’s Stochastic %K and %D values for the last 20 days were 24.26% and 19.73%, respectively.
