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HOVR Stock Price, Chart, Stats & News

New Horizon Aircraft Ltd.
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100.41M
Market cap
Current P/E
Forward P/E

HOVR chart

1M
3M
1Y
5Y
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Fundamentals

Gross margin
Operating margin
Pretax margin
Net margin
Effective tax rate
ROA
-121.38%
ROE
-356.97%
D/E
0.00x
Interest coverage ratio

HOVR valuation

P/E
P/S
P/B
5.41x
P/CF
-7.75x
P/FCF
-7.55x
P/OCF
-7.75x
PEG
0.00x
EV multiple
-3.95x

About

New Horizon Aircraft Ltd. is an aerospace engineering firm that specializes in the development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft. These advanced vehicles are designed to cater to the regional air mobility sector, particularly targeting opportunities within the United States. A prime example of their innovation is the Cavorite X7, a seven-seater hybrid-electric aircraft capable of vertical ascent and descent.

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