Investing In New Horizon Aircraft Ltd (NASDAQ: HOVR): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Aerospace & Defense industry segment. The current market capitalization of New Horizon Aircraft Ltd is $65.10M. A total of 1.32 million shares were traded on the day, compared to an average of 1.79M shares.

In the most recent transaction, Lee Stewart Murray sold 50,000 shares of HOVR for 1.78 per share on Jun 27 ’25. After the transaction, the Head of People & Strategy now owns 248,194 company shares. In a previous transaction on Jul 02 ’25, Robinson Eric Brandon sold 250,000 shares at 1.75 per share. HOVR shares that Chief Executive Officer owns now total 2,067,510.

Among the insiders who bought shares, Robinson Eric Brandon acquired of 1,111 shares on Jun 23 ’25 at a per-share price of $2.25. This resulted in the Chief Executive Officer holding 47,037 shares of HOVR after the transaction. In another insider transaction, Merker Brian Frederick bought 751 shares at $2.25 per share on Jun 23 ’25. Company shares held by the Chief Financial Officer now total 32,351.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, HOVR has a high of $2.52 and a low of $0.24.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HOVR’s latest balance sheet shows that the firm has $4.32k in Cash & Short Term Investments as of fiscal 2022. There were $2.25M in debt and $334.46k in liabilities at the time. Its Book Value Per Share was $0.02, while its Total Shareholder’s Equity was -$1.28M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HOVR is Buy with a score of 5.00.

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