The price of New Horizon Aircraft Ltd (NASDAQ:HOVR) shares last traded on Wall Street fell -2.80% to $0.73.
HOVR stock price is now 49.85% away from the 50-day moving average and -29.16% away from the 200-day moving average. The market capitalization of the company currently stands at $17.42M.
In other news, Shindo Dustin M, 10% Owner sold 102,000 shares of the company’s stock on Sep 18 ’24. The stock was sold for $83,640 at an average price of $0.82. Upon completion of the transaction, the 10% Owner now directly owns 1,537,563 shares in the company, valued at $1.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13 ’24, 10% Owner Shindo Dustin M sold 48,079 shares of the business’s stock. A total of $36,540 was realized by selling the stock at an average price of $0.76. This leaves the insider owning 1,654,563 shares of the company worth $1.21 million. A total of 30.33% of the company’s stock is owned by insiders.
During the past 12 months, New Horizon Aircraft Ltd has had a low of $0.24 and a high of $12.14. The fifty day moving average price for HOVR is $0.4781 and a two-hundred day moving average price translates $1.03871 for the stock.
The latest earnings results from New Horizon Aircraft Ltd (NASDAQ: HOVR) was released for 2024-08-31. The company reported revenue of $2.71 million for the quarter, compared to $0.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 341.27 percent.
