The stock of New Horizon Aircraft Ltd (HOVR) is currently priced at $1.62. In the last session, the stock climbed significantly, topping out at $2.47 after opening at $1.62. The day’s lowest price was $1.26 before the stock closed at $1.71.
New Horizon Aircraft Ltd saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $2.52 on 06/20/25, while the lowest price for the same duration was marked at $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 -35.71% away from its 52-week high, while its distance from the 52-week low is 575.00%. The stock’s price range during the 52-week period has remained between $0.24 and $2.52. In the Industrials sector, the company’s shares saw a trading volume of around 0.72 million for the day, which was evidently lower than the average daily volume of 1.97 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 253.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 60.61M and boasts a workforce of 16 employees.
A Closer Look at 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.
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 1.0850, with a change in price of +1.0348. Similarly, New Horizon Aircraft Ltd recorded 1,319,786 in trading volume during the last 100 days, posting a change of +176.83%.
HOVR Stock Stochastic Average
As of today, New Horizon Aircraft Ltd’s raw stochastic average for the last 50 days stands at 46.11%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 49.57%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 62.68% and 67.24%, respectively.
HOVR Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 134.78% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 184.21%. Over the past 30 days, the price of HOVR has fallen by 3.85%. And in the last five days, it has fallen by -7.95%.