Hovr stock forecast in current market climate

In current market climate, Hovr stock forecast factors in stronger-than-expected Nasdaq performance and lower 10-year yields. Sector correlation models suggest 0.73 beta with tech index, pointing to sensitivity during macroeconomic shifts. Dive into all 731 of the US Penny Stocks we have identified here. HOVR traded up $0.20 on Friday, reaching $2.23. 2,024,753 shares of the stock were exchanged, compared to its average volume of 783,139. The company's 50-day moving average price is $1.68 and its 200 day moving average price is $1.15. New Horizon Aircraft has a fifty-two week low of $0.24 and a fifty-two week high of $2.52. The firm has a market capitalization of $70.00 million, a PE ratio of 22.30 and a beta of 2.62. Hovr stock forecast sentiment remains neutral-to-positive as the company maintains steady cash flow growth. PEG ratio of 1.2 places it in fair valuation territory compared to peers, attracting growth-oriented portfolio managers.