New Horizon Aircraft Ltd. Class A Ordinary Share

HOVRNASDAQ • USD
ThemeAutonomous Systems›Drones & Aerial Systems
2.26 USD
↘ 0.23 (9.24%)AT CLOSE (11:59 AM EDT)
2.28
↗ 0.02 (0.84%)
POST MARKET (AS OF 07:59 PM EDT)
Post Market
AS OF 07:59 PM EDT
2.28
↗ 0.02 (0.84%)
🔴Market: CLOSED
Open?$2.45
High?$2.45
Low?$2.17
Prev. Close?$2.49
Volume?2.7M
Avg. Volume?3.5M
VWAP?$2.27
Rel. Volume?0.76x
Bid / Ask
Bid?$2.26 × 1.0K
Ask?$2.30 × 5.1K
Spread?$0.04
Midpoint?$2.28
Valuation & Ratios
Market Cap?139.6M
Shares Out?56.4M
Float?37.4M
Float %?84.6%
P/E Ratio?N/A
P/B Ratio?9.88
EPS?-$0.41
Dividend?0.00%
Ex-Dividend?N/A

HOVR is currently priced at $2.26. Both sides of the analysis point lower: technicals flash "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 5, 2026.

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.
Themes
Autonomous Systems›Drones & Aerial SystemsElectric Vehicles & Mobility›Mobility Platforms & Services
Employees
30
Market Cap
139.6M
Industry
AIRCRAFT
Website
www.horizonaircraft.com
Listed
2024-01-16
Address
3187 HIGHWAY 35
LINDSAY, A6 K9V 4R1
Phone: 613-866-1935
Technical OutlookSell
Strong SellNeutralStrong Buy
Long-Term (Tide)?– Neutral(0/3)
Medium-Term (Wave)?– Neutral(0/3)
Short-Term (Ripple)?▼ Bearish(-3/3)
MA Alignment?Mixed
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
3
Z-Score?
100
Momentum?
23
Short Sent.?
43
Piotroski F-Score?0/9Weak
Altman Z-Score?6.71Safe
Confidence?40%Low
Full Fundamental Analysis →
Short InterestElevated
Short % of Float?7.77%Elevated
Short Interest?2.9M
Days to Cover?1.1
Free Float37.4M
Avg Daily Volume2.8M
Settlement Date2026-05-15
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
19
9.88HIGH▾
P/S?
N/A▾
P/FCF?
N/A▾
EV/EBITDA?
S&P
97
-6.4CHEAP▾
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?$119.9M
Fundamentals ratios updated end of day
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