New Horizon Aircraft Ltd./$HOVR
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About New Horizon Aircraft Ltd.
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.
Ticker
$HOVR
Sector
Primary listing
Employees
30
Headquarters
Lindsay, Canada
Website
HOVR Metrics
BasicAdvanced
$137m
-
-$0.60
3.14
-
Price and volume
Market cap
$137m
Beta
3.14
52-week high
$4.18
52-week low
$1.16
Average daily volume
3.3m
Financial strength
Current ratio
14.809
Quick ratio
14.04
Total debt to equity
0.099
Profitability
EBITDA (TTM)
-15.856
Management effectiveness
Return on assets (TTM)
-87.90%
Return on equity (TTM)
-313.01%
Valuation
Price to book
12.71
Price to tangible book (TTM)
12.71
Price to free cash flow (TTM)
-8.049
Free cash flow yield (TTM)
-12.42%
Free cash flow per share (TTM)
-0.276
Growth
Earnings per share change (TTM)
-304.32%
HOVR News
AllArticlesVideos

Horizon Aircraft Advances Cavorite X7 Flight Model Through Partnership With Marshall Aerospace
Accesswire·2 weeks ago

Horizon Aircraft Appoints Richard Alexander as Chief Engineer of Certified Programs
Accesswire·2 weeks ago

New Horizon Aircraft Ltd. Announces Closing of $25 Million Offering of Common Shares
Accesswire·3 weeks ago
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