New Horizon Aircraft Ltd Class A Shares HOVR
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Horizon Aircraft Signs MOU With Constance Lake First Nation to Bring Lifesaving Medical Aircraft to Remote and Isolated Indigenous Communities
Bimergen Energy and Horizon Aircraft Interviews to Air Nationally on the RedChip Small Stocks, Big Money(TM) Show on CNBC and Bloomberg TV
Horizon Aircraft to Participate in Upcoming Industry Events and Investment Conferences
Horizon Aircraft Reports Fiscal 2027 First Quarter Results and Advances Full-Scale Cavorite X7 Development
Horizon Aircraft Signs LOI with Great Lakes Helicopter for Cavorite X7 Maintenance and Pilot Training
Horizon Aircraft to Report First Quarter 2027 Results and Provide a Business Update on October 9, 2026
Join New Horizon Aircraft's Live Investor Webinar: Advancing a Long-Range Hybrid-Electric eVTOL Platform
iAccess Alpha Virtual Best Ideas Fall Investment Conference Begins Today with Updated Presentation Schedule
Trading Information
- Previous Close Price
- $1.13
- Day Range
- $1.20–1.20
- 52-Week Range
- $1.07–3.67
- Bid/Ask
- $1.17 / $1.25
- Shares Outstanding
- 67.12M
- Market Cap
- $79.24M
- Volume/Avg
- 59,439 / 614,410
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- 8.13%
Company Profile
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Stock Style Box
- —
- Total Number of Employees
- 58
Valuation
Metric | HOVR |
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 1.72 |
Price/Sales | — |
Price/Cash Flow | — |
Price/Earnings
HOVR
Financial Strength
Metric | HOVR |
|---|---|
Quick Ratio | 29.14 |
Current Ratio | 30.19 |
Interest Coverage | — |
Quick Ratio
HOVR
Profitability
Metric | HOVR |
|---|---|
Return on Assets (Normalized) | −41.84% |
Return on Equity (Normalized) | −63.77% |
Return on Invested Capital (Normalized) | −55.74% |
Return on Assets
HOVR
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United States