New Horizon Aircraft Ltd. Class A Ordinary Share

HOVRNASDAQUSD
1.93 USD
0.02 (1.05%)🟢PRE MARKET (AS OF 09:28 AM EDT)
🟢Market: OPEN

HOVR is currently priced at $1.93. Our models show a "Buy" 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 and a bearish Death Cross on the long-term moving averages. On the valuation side, HOVR appears attractively valued relative to sector peers across key multiples.

Technical & fundamental data as of Aug 5, 2026.

Open?$1.96
High?$1.96
Low?$1.90
Prev. Close?$1.91
Volume?10.9K
Avg. Volume?1.3M
VWAP?$1.92
Rel. Volume?0.01x
Bid / Ask
Bid?$1.58 × 100
Ask?$2.25 × 100
Spread?$0.67
Midpoint?$1.92
Valuation & Ratios
Market Cap?127.6M
Shares Out?66.8M
Float?46.1M
Float %?81.8%
P/E Ratio?N/A
P/B Ratio?2.48
EPS?-$0.28
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
Employees
58
Market Cap
119.6M
Industry
AIRCRAFT
Listed
2024-01-16
Address
3187 HIGHWAY 35
LINDSAY, A6 K9V 4R1
Phone: 613-866-1935
Technical OutlookBuy
Strong SellNeutralStrong Buy
Long-Term (Tide)? Neutral(0/3)
Medium-Term (Wave)? Bullish(+1/3)
Short-Term (Ripple)? Bullish(+3/3)
MA Alignment?Mixed
Full Technical Analysis →
Fundamental OutlookNeutral
Strong SellNeutralStrong Buy
F-Score?
3
Z-Score?
100
Momentum?
65
Short Sent.?
49
Piotroski F-Score?0/9Weak
Altman Z-Score?7.99Safe
Confidence?40%Low
Full Fundamental Analysis →
Short InterestElevated
Short % of Float?6.61%Elevated
Short Interest?3.0M
Days to Cover?3.4
Free Float46.1M
Avg Daily Volume892.5K
Settlement Date2026-07-15
Financial Health
Current Ratio?22.76Strong
Quick Ratio?22.76Strong
Cash Ratio?21.51Strong
Debt/Equity?0.00Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
100/100
P/E?
N/A
P/B?
Peers
100
S&P
65
2.48CHEAP
P/S?
N/A
P/FCF?
N/A
EV/EBITDA?
S&P
97
-5.2CHEAP
EV/Sales?
N/A
Returns & Efficiency
ROE?
S&P
5
-36.0%WEAK
ROA?
S&P
3
-30.6%WEAK
Cash Flow & Enterprise
FCF?$-12655348
Enterprise Value?$70.9M
Fundamentals ratios updated end of day