New Horizon Aircraft Ltd. Class A Ordinary Share (HOVR) Stock Price Today & Analysis
HOVR
Valuation
Market cap$103.20M
Price-to-sales ratioN/A
Price-to-book value7.30
Price-earnings ratio-4.30
Return on Equity-357.00%
Return on SalesN/A
Return on AssetsN/A
PEG ratioN/A
Earnings Per Share
Earnings Per Share$-0.70
Income Statement
Average volume1,132,506
EBITDA$-30.61M
1 year high (52w)$4.18
1 year low (52w)$0.45
Dividend
Dividend yield0.00%
Solvency
Debt-to-equity ratioN/A
About New Horizon Aircraft Ltd. Class A Ordinary Share
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
FAQ
Buying New Horizon Aircraft Ltd. Class A Ordinary Share (HOVR) stock is now easy and instant through the Gotrade app.
- Download the Gotrade app from the App Store or Google Play.
- Create an account and complete KYC.
- Make a deposit.
- Search for the code "HOVR", then tap "Trade".
- Tap the "Buy" button.
- Enter the amount you want to buy. You have two options:
- Buy HOVR by number of shares.
- Buy fractional shares in dollars, starting from $1.
- Swipe up to confirm your order—done!
On Gotrade, you don't have to buy a full lot. With fractional shares, you can start investing in New Horizon Aircraft Ltd. Class A Ordinary Share from just $1. A small budget shouldn't stop you from building a US stock portfolio.
At the moment, New Horizon Aircraft Ltd. Class A Ordinary Share (HOVR) does not pay dividends because it focuses on reinvesting profits for company growth (a growth stock). However, you can still potentially earn profit from share price increases (capital gains). Track HOVR's performance via the price chart in the Gotrade app.
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You can place orders 24/7. Transactions will be executed when the US market (NYSE/NASDAQ) is open, from 9:30 PM to 4:00 AM WIB. Gotrade also provides access to pre-market and after-hours trading, so you have more flexibility and aren't limited to regular working hours.
Market hours may change due to daylight saving time and holidays. In Gotrade, you can see the market status (open/closed) directly in the app.
There's no single perfect answer, but common approaches include:
- Compare valuation (e.g., P/E, P/S) against historical averages or competitors.
- Review revenue and earnings growth.
- Check margins and cash flow.
- Evaluate business outlook and the company's position within its industry.
