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HOVRW Stock Price, Chart, Stats & News

New Horizon Aircraft Ltd.
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New Horizon Aircraft Ltd. (HOVRW) does not currently pay a dividend.

78.78M
Market cap
–
Current P/E
–
Forward P/E

HOVRW chart

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
–

HOVRW 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 dedicated to the design and development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft. The company primarily targets the regional air mobility market, with a significant focus on operations within the United States. Currently under development is their Cavorite X7, a hybrid-electric aircraft designed to transport seven passengers and capable of both vertical takeoffs and landings.

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