New Horizon Aircraft Ltd.HOVR

$2.22+0.03 (+1.37%)

NASDAQIndustrials24:00 UTC

Company snapshot

Market Cap

$98M

Micro-cap

+74%

2023 — today

10-Year Price

-75%

2023 — today

52-Week Range

$1.20$3.91

Current $2.22· 38%

New Horizon Aircraft Ltd. is an aerospace engineering firm that specializes in the development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft. These advanced vehicles are designed to cater to the regional air mobility sector, particularly targeting opportunities within the United States. A prime example of their innovation is the Cavorite X7, a seven-seater hybrid-electric aircraft capable of vertical ascent and descent. The company, which has its headquarters in Lindsay, Canada, was established in 2013.

Valuation in context

P/E ratio

-2.6

N/A

Not meaningful — company is unprofitable

P/B ratio

5.1

Historically pricey

Historically pricey — last 10 years

FCF Yield

-18.9%

Above average

Above the 10-year average

Free · No credit card needed

Get alerted when HOVR is cheap

Set a free alert — we'll push you when P/E, yield, or other metrics cross a historical threshold.