HOVR Stock: New Horizon Aircraft Ltd. Stock Price, Analysis & Insights
Get live hovr stock price $1.33, comprehensive New Horizon Aircraft Ltd. stock analysis, charts, news, and expert forecast. Real-time hovr stock data and investment insights.
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Company Overview
New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.
Company Information
- CEO
- Eric Brandon Robinson
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Employees
- 20
Contact Information
- Address
- 3187 Highway 35
- Country
- CA
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Industrials sector with established market position
✓ Growth-oriented company with premium valuation (P/E: 66.5)
✓ Higher growth potential with elevated volatility (Beta: 2.78)
Business Model & Strategy
New Horizon Aircraft Ltd. operates in the Aerospace & Defense industry, focusing on industrial manufacturing, equipment production, and business services. Under the leadership of CEO Eric Brandon Robinson, the company navigates Industrials sector dynamics while pursuing growth opportunities. The Aerospace & Defense model requires capital efficiency, operational excellence, and customer relationships to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
New Horizon Aircraft Ltd. competes in the Aerospace & Defense within the broader Industrials. With 54.5 million in market capitalization, the company is positioned as a emerging competitor in its sector. The Industrials is characterized by economic growth correlation, infrastructure investment, and automation trends. As a publicly traded company on the NASDAQ Capital Market, New Horizon Aircraft Ltd. provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating New Horizon Aircraft Ltd. should consider industry-specific trends, competitive positioning, and Industrials sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for New Horizon Aircraft Ltd. shareholders
- ⚠Market volatility can significantly impact stock price, especially for smaller companies
- ⚠Sector-specific risks in Industrials may affect company performance
- ⚠Past performance does not guarantee future results for New Horizon Aircraft Ltd.
- ⚠Investors should consider how New Horizon Aircraft Ltd. fits within their overall portfolio allocation
- ⚠Premium valuation (P/E: 66.5) requires strong growth to justify
Market Cap
54.50M
P/E Ratio
66.50
Beta
2.78
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Industrials leader with 54.50M market capitalization
- Trading Volume: 3.15M shares traded today
- Price Range: 52-week range of $0.35 - $4.18
- Exchange: Listed on NASDAQ Capital Market
Financial Metrics
Market Analysis for New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd. (HOVR) operates in the Aerospace & Defense industry within the Industrials sector. With a current market capitalization of 54.50M, the company represents a significant player in its market. The stock is currently trading at $1.33 with a negativedaily change of 25.28%.
The company's 20 employee base and presence on the NASDAQ Capital Marketexchange position it as a Industrials sector leader. Investors should consider the stock's P/E ratio of 66.50, beta of 2.78, and 52-week price range from $0.35 to $4.18when evaluating investment opportunities.
Why Invest in New Horizon Aircraft Ltd.?
Strengths
- • Established market presence in Industrials
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Capital Market)
- • Experienced leadership under Eric Brandon Robinson
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Industrials Stocks
About Industrials Sector
The Industrials sector includes companies that manufacture machinery, provide transportation services, and offer industrial products and services.