New Horizon Aircraft Ltd. Class A Ordinary Share

HOVRNASDAQUSD
1.91 USD
0.03 (1.60%)AT CLOSE (11:59 AM EDT)
1.94
0.03 (1.68%)
POST MARKET (AS OF 08:00 PM EDT)
Post Market
AS OF 08:00 PM EDT
1.94
0.03 (1.68%)
🔴Market: CLOSED

HOVR is currently priced at $1.91. Both sides of the analysis point lower: technicals flash "Strong Sell" and fundamentals confirm with a "Sell" reading. Key drivers include a robust Altman Z-Score, a weak Piotroski F-Score of 0/9, negative Return on Equity and a bullish Golden Cross on the moving averages. Furthermore, HOVR is currently richly valued, trading at a premium to sector peers across key valuation metrics.

Technical & fundamental data as of Jun 26, 2026.

Open?$1.85
High?$1.96
Low?$1.85
Prev. Close?$1.88
Volume?874.4K
Avg. Volume?3.0M
VWAP?$1.92
Rel. Volume?0.29x
Bid / Ask
Bid?$1.92 × 7.5K
Ask?$1.96 × 1.0K
Spread?$0.04
Midpoint?$1.94
Valuation & Ratios
Market Cap?118.0M
Shares Out?56.4M
Float?37.4M
Float %?84.6%
P/E Ratio?N/A
P/B Ratio?8.35
EPS?-$0.41
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
Employees
30
Market Cap
116.1M
Industry
AIRCRAFT
Listed
2024-01-16
Address
3187 HIGHWAY 35
LINDSAY, A6 K9V 4R1
Phone: 613-866-1935
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)? Bearish(-2/3)
Medium-Term (Wave)? Bearish(-2/3)
Short-Term (Ripple)? Neutral(0/3)
MA Alignment?Mixed
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
3
Z-Score?
98
Momentum?
23
Short Sent.?
56
Piotroski F-Score?0/9Weak
Altman Z-Score?4.90Safe
Confidence?40%Low
Full Fundamental Analysis →
Short InterestElevated
Short % of Float?9.53%Elevated
Short Interest?3.6M
Days to Cover?1.6
Free Float37.4M
Avg Daily Volume2.2M
Settlement Date2026-06-15
Financial Health
Current Ratio?14.81Strong
Quick Ratio?14.81Strong
Cash Ratio?13.84Strong
Debt/Equity?0.00Low
ValuationFAIRLY VALUEDvs 1 peers + S&P 500
Score
67/100
P/E?
N/A
P/B?
Peers
100
S&P
23
8.35HIGH
P/S?
N/A
P/FCF?
N/A
EV/EBITDA?
S&P
97
-5.3CHEAP
EV/Sales?
N/A
Returns & Efficiency
ROE?
S&P
3
-179.8%WEAK
ROA?
S&P
3
-116.0%WEAK
Cash Flow & Enterprise
FCF?$-14709120
Enterprise Value?$98.3M
Fundamentals ratios updated end of day