New Horizon Aircraft Ltd

$1.12
(as of Jun 10, 4:00 PM EST)

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Ticker Information for New Horizon Aircraft Ltd

Stock Price
$1.12
Ticker Symbol
HOVR
Exchange
NASDAQ

Industry Information for New Horizon Aircraft Ltd

Sector
Industrials
Industry
Aerospace & Defense

Company Description for New Horizon Aircraft Ltd

Country
USA
Full Time Employees
20

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd. was founded in 2013 and is headquartered in Lindsay, Canada.

Fundamentals for New Horizon Aircraft Ltd

Market Capitalization
$29,345,068
EBITDA
$-11,579,000
Dividends per Share
P/E Ratio
2.6
Forward P/E Ratio
0
Earnings per Share
$0.36
Earnings per Share Estimate Next Year
Profit Margin
Shares Outstanding
31,385,100
Percent Owned by Insiders
37.27%
Percent Owned by Institutions
0.34%
52-Week High
52-Week Low

Technical Indicators for New Horizon Aircraft Ltd

50-Day Moving Average
200-Day Moving Average
RSI
67.97
0.13

Analyst Ratings for New Horizon Aircraft Ltd

Strong Buy
2
Buy
0
Hold
0
Sell
0
Strong Sell
0

News About New Horizon Aircraft Ltd

May 20, 2025, 8:15 AM EST
TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of one the world’s first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, announces that management will present at the Jefferies eVTOL/AAM Summit being held virtually on Wednesday, May 28, 2025. See more.
May 7, 2025, 8:30 AM EST
TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of one of the world’s first operationally-focused hybrid-eVTOL (electric Vertical Take-Off and Landing) aircraft, announced today that Justin Chapman will be supporting the Company in a senior advisory capacity, contributing his extensive expertise to the technical development of aircraft systems, including electronics, batteries, and electric propulsion. See more.
Feb 27, 2025, 9:25 AM EST
PALM BEACH, Fla., Feb. See more.