New Horizon Aircraft Ltd.
NCM: HOVRLive Quote
📈 ZcoreAI Score
Our AI model analyzes New Horizon Aircraft Ltd.'s price action across multiple timeframes using regression channels and statistical scoring.
Get HOVR Z-Score →About New Horizon Aircraft Ltd.
Industrials
Aerospace & Defense
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.
📊 Fundamental Analysis
New Horizon Aircraft Ltd. demonstrates a profit margin of 0.0%, which is below the sector average, suggesting competitive pressure.
Return on Equity (ROE) is -513.4%, which indicates that capital utilization is currently under pressure.
At a current price of $1.58, HOVR currently sits at the 32nd percentile of its 52-week range (Range: $0.35 - $4.18).
🏥 Financial Health
🔴
Profit Margin
Weak
✅
Debt/Equity
Excellent
🔴
Return on Equity
Weak
🔴
Beta (Risk)
High Volatility
Key Financials
Market Cap
$69.92M
Trailing P/E
--
Forward P/E
-2.38
Beta (5Y)
3.14
52W High
$4.18
52W Low
$0.35
Avg Volume
790K
Day High
Day Low