Can New Horizon Aircraft Ltd (NASDAQ: HOVR) Still Be Considered A Loss When It’s Down -53.63% YTD?

During the last session, New Horizon Aircraft Ltd (NASDAQ:HOVR)’s traded shares were 0.39 million, with the beta value of the company hitting 1.02. At the end of the trading day, the stock’s price was $0.52, reflecting an intraday gain of 12.01% or $0.05. The 52-week high for the HOVR share is $3.29, that puts it down -532.69 from that peak though still a striking 53.85% gain since the share price plummeted to a 52-week low of $0.24. The company’s market capitalization is $16.37M, and the average trade volume was 1.58 million shares over the past three months.

New Horizon Aircraft Ltd (NASDAQ:HOVR) trade information

New Horizon Aircraft Ltd (HOVR) registered a 12.01% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 12.01% in intraday trading to $0.52, hitting a weekly high. The stock’s 5-day price performance is 3.35%, and it has moved by -15.74% in 30 days. Based on these gigs, the overall price performance for the year is -60.00%.

While earnings are projected to return 180.39% in 2025, the next five years will return 45.50% per annum.

HOVR Dividends

New Horizon Aircraft Ltd is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Data provided on Dec 31, 2024 indicates that Fidelity NASDAQ Composite Index Fund owns about 12.03 shares. This amounts to just over 0.04 percent of the company’s overall shares, with a $6303.0 market value.