New Horizon Aircraft Ltd. (NASDAQ:HOVRW – Get Free Report)’s stock price traded up 1.6% during trading on Wednesday . The stock traded as high as $0.4950 and last traded at $0.4876. 101,095 shares changed hands during trading, an increase of 85% from the average session volume of 54,734 shares. The stock had previously closed at $0.48.
New Horizon Aircraft Trading Down 6.9%
The company has a 50 day simple moving average of $0.36 and a 200 day simple 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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