New Horizon Aircraft (NASDAQ:HOVRW) Trading Down 0.5% – Here’s What Happened

New Horizon Aircraft Ltd. (NASDAQ:HOVRWGet Free Report)’s stock price traded down 0.5% during trading on Monday . The company traded as low as $0.3412 and last traded at $0.3880. 78,918 shares traded hands during trading, a decline of 29% from the average session volume of 111,474 shares. The stock had previously closed at $0.3901.

New Horizon Aircraft Stock Down 0.5%

The stock has a fifty day moving average of $0.44 and a two-hundred day moving average of $0.35.

New Horizon Aircraft Company Profile

(Get Free Report)

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market. It is developing 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.

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