During the last session, New Horizon Aircraft Ltd (NASDAQ:HOVR)’s traded shares were 5.7 million, with the beta value of the company hitting 2.13. At the end of the trading day, the stock’s price was $2.28, reflecting an intraday gain of 29.55% or $0.52. The 52-week high for the HOVR share is $2.32, that puts it down -1.75 from that peak though still a striking 89.47% gain since the share price plummeted to a 52-week low of $0.24. The company’s market capitalization is $71.56M, and the average intraday trading volume over the past 10 days was 4.22 million shares, and the average trade volume was 1.09 million shares over the past three months.
New Horizon Aircraft Ltd (NASDAQ:HOVR) trade information
New Horizon Aircraft Ltd (HOVR) registered a 29.55% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 29.55% in intraday trading to $2.28, hitting a weekly high. The stock’s 5-day price performance is 70.15%, and it has moved by 230.43% in 30 days. Based on these gigs, the overall price performance for the year is 212.33%. The short interest in New Horizon Aircraft Ltd (NASDAQ:HOVR) is 0.36 million shares and it means that shorts have 0.32 day(s) to cover.
While earnings are projected to return 151.44% in 2025, the next five years will return 12.84% per annum.
HOVR Dividends
New Horizon Aircraft Ltd is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
New Horizon Aircraft Ltd (NASDAQ:HOVR)’s Major holders
New Horizon Aircraft Ltd insiders own 36.55% of total outstanding shares while institutional holders control 0.34%, with the float percentage being 0.54%.