New Horizon Aircraft Ltd. Class A Ordinary Share

HOVRNASDAQ • USD
1.27 USD
↘ 0.03 (2.31%)🟢LIVE (AS OF 12:06 PM EDT)
🟢Market: OPEN

HOVR is currently priced at $1.27. Our models show a "Strong Sell" technical signal alongside a "Neutral" fundamental rating. Key drivers include a robust Altman Z-Score, a weak Piotroski F-Score of 0/9, negative Return on Equity, a bearish Death Cross on the long-term moving averages and bearish long-term moving average alignment. On the valuation side, HOVR appears attractively valued relative to sector peers across key multiples.

Technical & fundamental data as of Oct 27, 2026.

Open?$1.30
High?$1.32
Low?$1.27
Prev. Close?$1.30
Volume?221.9K
Avg. Volume?504.1K
VWAP?$1.27
Rel. Volume?0.44x
Bid / Ask
Bid?$1.26 × 1.1K
Ask?$1.27 × 400
Spread?$0.01
Midpoint?$1.27
Valuation & Ratios
Market Cap?87.3M
Shares Out?67.1M
Float?46.1M
Float %?81.8%
P/E Ratio?N/A
P/B Ratio?1.79
EPS?-$0.20
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
Employees
58
Market Cap
87.3M
Industry
AIRCRAFT
Listed
2024-01-16
Address
3187 HIGHWAY 35
LINDSAY, A6 K9V 4R1
Phone: 613-866-1935
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-3/3)
Medium-Term (Wave)?▼ Bearish(-2/3)
Short-Term (Ripple)?– Neutral(0/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →
Fundamental OutlookNeutral
Strong SellNeutralStrong Buy
F-Score?
3
Z-Score?
100
Momentum?
50
Short Sent.?
39
Piotroski F-Score?0/9Weak
Altman Z-Score?8.76Safe
Confidence?43%Low
Full Fundamental Analysis →
Short InterestElevated
Short % of Float?6.78%Elevated
Short Interest?3.1M
Days to Cover?4.7
Free Float46.1M
Avg Daily Volume666.6K
Settlement Date2026-10-15
Financial Health
Current Ratio?30.19Strong
Quick Ratio?30.19Strong
Cash Ratio?28.64Strong
Debt/Equity?0.00Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
100/100
P/E?
N/A▾
P/B?
Peers
100
S&P
80
1.79CHEAP▾
P/S?
N/A▾
P/FCF?
N/A▾
EV/EBITDA?
S&P
97
-2.3CHEAP▾
EV/Sales?
N/A▾
Returns & Efficiency
ROE?
S&P
6
-27.8%WEAK▾
ROA?
S&P
3
-25.0%WEAK▾
Cash Flow & Enterprise
FCF?$-16524526
Enterprise Value?$36.7M
Fundamentals ratios updated end of day