New Horizon Aircraft Ltd. (HOVRW)Lindsay, Canada | NasdaqCM
0.35 USD
-0.01
(-2.553%) ⇩
(July 13, 2026, 1:43 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:35 a.m. EDT
The security is trading at a severe discount to its book value, yet the company is generating massive negative free cash flow and reporting deeply negative returns on both assets and equity. This fundamental deterioration is compounded by a pending securities fraud investigation and a recent 5% price drop that swept liquidity near support levels. With no analyst recommendations, no dividend history, and a complete lack of price trajectory data due to its recent listing, there is no evidence of business quality or recovery. The combination of legal overhangs, cash burn, and negative profitability warrants a strong sell signal for the near term and makes the business unviable for long-term holding. |
| Attribute | Value |
|---|---|
| Debt to Equity Ratio | 0.099 |
| Beta | 3.84 |
| Previous Name | Pono Capital Three, Inc. |
| Website | https://www.horizonaircraft.com |
| Attribute | Value |
|---|---|
| Address1 | 3,187 Highway 35 |
| Ask | 0.0 |
| Ask Size | 0 |
| Beta | 3.843 |
| Bid | 0.0 |
| Bid Size | 0 |
| Book Value | 0.1234394 |
| City | Lindsay |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.3512 |
| Current Ratio | 14.809 |
| Custom Price Alert Confidence | HIGH |
| Day High | 0.3798 |
| Day Low | 0.335 |
| Debt To Equity | 0.099 |
| Display Name | Pono Capital Three |
| Ebitda | -22,442,000 |
| Ebitda Margins | 0.0 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Two Week High | 0.3798 |
| Fifty Two Week High Change | -0.028599977 |
| Fifty Two Week High Change Percent | -0.075302735 |
| Fifty Two Week Low | 0.335 |
| Fifty Two Week Low Change | 0.016200006 |
| Fifty Two Week Low Change Percent | 0.048358224 |
| Fifty Two Week Range | 0.335 - 0.3798 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 1,783,690,200,000 |
| Float Shares | 35,842,235 |
| Free Cashflow | -6,980,125 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 30 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Industry | |
| Industry Key | |
| Language | en-US |
| Long Business Summary | New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada. |
| Long Name | New Horizon Aircraft Ltd. |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_705265053 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -33,063,000 |
| Open | 0.5148 |
| Operating Cashflow | -14,294,000 |
| Operating Margins | 0.0 |
| Phone | 613 866 1935 |
| Prev Name | Pono Capital Three, Inc. |
| Previous Close | 0.3604 |
| Price Hint | 4 |
| Price To Book | 2.845121 |
| Profit Margins | 0.0 |
| Quick Ratio | 14.04 |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.009199977 |
| Regular Market Change Percent | -2.552713 |
| Regular Market Day High | 0.3798 |
| Regular Market Day Low | 0.335 |
| Regular Market Day Range | 0.335 - 0.3798 |
| Regular Market Open | 0.5148 |
| Regular Market Previous Close | 0.3604 |
| Regular Market Price | 0.3512 |
| Regular Market Time | 1,783,964,584 |
| Regular Market Volume | 23,575 |
| Return On Assets | -0.87903 |
| Return On Equity | -3.13008 |
| Sand P52 Week Change | 0.20847368 |
| Sector | |
| Sector Key | |
| Source Interval | 15 |
| State | ON |
| Symbol | HOVRW |
| Total Cash | 19,674,000 |
| Total Cash Per Share | 0.435 |
| Total Debt | 14,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Type Disp | Equity |
| Volume | 23,575 |
| Website | https://www.horizonaircraft.com |
| Zip | K9V 4R1 |