Shares of New Horizon Aircraft Ltd. (NASDAQ:HOVRW – Get Free Report) were up 1.1% on Friday . The company traded as high as $0.35 and last traded at $0.3440. Approximately 31,558 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 50,588 shares. The stock had previously closed at $0.3401.
New Horizon Aircraft Stock Up 1.1%
The company has a fifty day moving average of $0.37 and a two-hundred day moving average of $0.39.
About New Horizon Aircraft
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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