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New Horizon Aircraft Ltd (HOVR)

NASDAQ Industrials Aerospace & Defense
$1.99 ▼ -2.22%
Market Cap
$132.6M
Sector
Industrials
Industry
Aerospace & Defense
Beta
3.88
52-Wk Range
1.16-4.18
CEO
Brandon E. Robinson
Country
CA
Currency
USD

New Horizon Aircraft Ltd operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Lindsay, ON, CA. The stock last traded at $1.99, down 2.22% on the session, giving a market capitalisation of $132.6M. On trailing twelve-month figures it carries a trailing P/E of -3.37, a net margin of 0.0%. Its beta of 3.88 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-3.37
Price / Sales
0.00
Price / Book
1.21
EV / EBITDA
-2.42
Gross margin
0.0%
Operating margin
0.0%
Net margin
0.0%
Return on equity
Debt / equity
0.00
Current ratio
22.76
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ
Employees
56
IPO date
2023-04-03
Headquarters
Lindsay, ON, CA
About New Horizon Aircraft Ltd

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the 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.

Comparable companies

New Horizon Aircraft Ltd is most often compared with the following Industrials names:

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