New Horizon Aircraft Ltd [NASDAQ: HOVR] gained 36.50% on the last trading session, reaching $1.87 price per share at the time.
If compared to the average trading volume of 707.05K shares, HOVR reached a trading volume of 18643403 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about New Horizon Aircraft Ltd [HOVR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HOVR shares is $1.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HOVR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for New Horizon Aircraft Ltd is set at 0.20 The Price to Book ratio for the last quarter was 114.79, with the Price to Cash per share for the same quarter was set at 0.20.
Trading performance analysis for HOVR stock
New Horizon Aircraft Ltd [HOVR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 100.00. With this latest performance, HOVR shares gained by 302.15% in over the last four-week period, additionally plugging by 210.53% over the last 6 months – not to mention a rise of 96.84% in the past year of trading.
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New Horizon Aircraft Ltd [HOVR]: A deeper dive into fundamental analysis
New Horizon Aircraft Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.11 and a Current Ratio set at 7.11.
New Horizon Aircraft Ltd [HOVR]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HOVR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for New Horizon Aircraft Ltd go to 12.84%.
