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 Begins Full-Scale Development of eVTOL Aircraft, Accelerates Flight Tests, and Expands World-Class Team
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Horizon Aircraft Positioned for Increased Investment as a Small-Cap Stock with its Disruptive Aerospace Technology
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New Horizon Aircraft Announces Closing of $2.9 Million Public Offering
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Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer
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New Horizon Aircraft Announces Pricing of $2.9 Million Public Offering
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New Research Predicts an Increase in Allocation from Institutional and Retail Investors to Small- and Micro-Caps Over the Next 12 Months
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Horizon Aircraft to Attend the Farnborough International Airshow 2024
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Horizon Aircraft Appoints Phil Kelly as Senior Vice President Business Development
Trading Information
- Previous Close Price
- $0.26
- Day Range
- $0.26–0.28
- 52-Week Range
- $0.24–12.00
- Bid/Ask
- $0.26 / $0.27
- Market Cap
- $5.74 Mil
- Volume/Avg
- 1.0 Mil / 810,959
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and aiming to build 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
- 14
- Website
- https://www.horizonaircraft.com
Valuation
|
Metric
|
HOVR
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | — |
Price/Sales | — |
Price/Cash Flow | — |
Price/Earnings
HOVR
Financial Strength
|
Metric
|
HOVR
|
|---|---|
Quick Ratio | 1.68 |
Current Ratio | 3.50 |
Interest Coverage | −49.06 |
Quick Ratio
HOVR
Profitability
|
Metric
|
HOVR
|
|---|---|
Return on Assets (Normalized) | −85.44% |
Return on Equity (Normalized) | — |
Return on Invested Capital (Normalized) | — |
Return on Assets
HOVR
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United States