New Horizon Aircraft Ltd. - Class A (HOVR) closed at $1.38 on October 16, 2026, down 2.1% from the previous close, on volume of 415,769 shares (30-day average 523,742).
Data as of October 16, 2026.
Horizon Aircraft to Participate in Upcoming Industry Events and Investment Conferences
ACCESS Newswire (Wed, 14-Oct 8:00 AM ET)
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iAccess Alpha Virtual Best Ideas Fall Investment Conference, September 15-16, 2026
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Horizon Aircraft to Participate in September Investment Conferences
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Horizon Aircraft Appoints Tom Hearne to Board of Directors and Names Him Audit Committee Chair
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New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building 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.
New Horizon Aircraft Ltd. - Class A trades on the NASDAQ stock market under the symbol HOVR.
As of October 19, 2026, HOVR stock price climbed to $1.42 with 303,071 million shares trading.
HOVR has a beta of 4.75, meaning it tends to be more sensitive to market movements. HOVR has a correlation of 0.33 to the broad based SPY ETF.
HOVR has a market cap of $95.32 million. This is considered a Micro Cap stock.
HOVR has underperformed the market in the last year with a price return of -54.5% while the SPY ETF gained +17.3%. HOVR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.3% and -15.5%, respectively, while the SPY returned +2.5% and -0.3%, respectively.
HOVR support price is $1.34 and resistance is $1.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HOVR shares will trade within this expected range on the day.
