New Horizon Aircraft Stock Today
| HOVR Stock | 0.48 0.01 2.13% |
Performance0 of 100
| Odds Of DistressLess than 21
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New Horizon is selling at 0.48 as of the 24th of November 2024; that is 2.13 percent increase since the beginning of the trading day. The stock's lowest day price was 0.45. New Horizon has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. New Horizon symbol was changed from PTHR on 16th of January 2024. Equity ratings for New Horizon Aircraft are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 16th of January 2024 | Category Industrials |
New Horizon is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 24.57 M outstanding shares of which 112.92 K shares are currently shorted by private and institutional investors with about 0.15 trading days to cover. More on New Horizon Aircraft
Moving together with New Stock
| 0.7 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against New Stock
New Stock Highlights
| Older Symbol | PTHR | |||||||||||||||||||||||||||||||||||||||||||||
| Chairman CoFounder | Brandon Robinson | |||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Aircraft (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Aerospace & Defense, Industrials, NASDAQ Composite, Aircraft, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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| New Horizon can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand New Horizon's financial leverage. It provides some insight into what part of New Horizon's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||
New Horizon Aircraft (HOVR) is traded on NASDAQ Exchange in USA. It is located in 3187 Highway 35, Lindsay, ON, Canada, K9V 4R1 and employs 20 people. New Horizon Aircraft was previously known as Pono Capital Three, and was traded on NASDAQ Exchange under the symbol PTHR. New Horizon is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.68 M. New Horizon Aircraft conducts business under Aerospace & Defense sector and is part of Industrials industry. The entity has 24.57 M outstanding shares of which 112.92 K shares are currently shorted by private and institutional investors with about 0.15 trading days to cover.
New Horizon generates negative cash flow from operations
Check New Horizon Probability Of Bankruptcy
Ownership AllocationNew Horizon Aircraft maintains a total of 24.57 Million outstanding shares. New Horizon Aircraft holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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New Horizon Historical Income Statement
New Stock Against Markets
New Horizon Corporate Management
| Phil Kelly | Senior Development | Profile | |
| Tom Brassington | Chief Officer | Profile | |
| Brian Merker | Chief Officer | Profile | |
| Stewart Lee | Head Strategy | Profile |
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When running New Horizon's price analysis, check to measure New Horizon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.