New Horizon Aircraft Ltd (NASDAQ:HOVR) currently has a daily average trading volume of 1.04M but it saw 2978231 shares traded in last market. With a market cap of 14.42M USD, the company’s current market price of $0.77 came rising about 21.09 while comparing to the previous closing price of $0.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.14 and as low as $0.46.
Taking a look at 20-day trading activity of New Horizon Aircraft Ltd (HOVR) gives us an average price of $0.5684, while its current price level is -93.62% below from 52-week high level whereas it is 70.33% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8215 while that of 200 days or SMA-200 reads an average of $4.5296. A closer look into the stock’s movement over the week reveals that its volatility is standing at 30.76% during that period while stretching the period over a month that decreases to 21.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.71 which implies that the stock is in neutral territory.
Over the week, HOVR’s stock price is moving 33.62% up while it is 23.21% when we observe its performance for the past one month. Year-to-date it is -90.69% down and over the past year, the stock is showing a downside performance of -92.57%.
Currently, New Horizon Aircraft Ltd’s total number of outstanding shares is 12.17M. Company’s return on equity (ROE) at 14.98%. It has a price to earnings ratio (P/E ratio) of 1.38. Stock’s beta reads -0.50. Its return on asset (ROA) is 14.06% on average.
