Archer (OTCMKTS:ARHVF – Get Free Report) is projected to issue its resultson Thursday, August 13th. Analysts expect Archer to post earnings of $0.0542 per share and revenue of $261.59 million for the quarter.
Archer Price Performance
Archer stock opened at $2.50 on Thursday. Archer has a 1-year low of $2.00 and a 1-year high of $3.17. The firm’s fifty day moving average price is $2.55 and its two-hundred day moving average price is $2.66.
Archer Company Profile
Archer is a technology company focused on the design and development of electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company aims to launch air taxi services that reduce travel time and emissions in densely populated areas. Archer’s core offering centers on fully electric, piloted aircraft designed to carry passengers on short-haul routes, leveraging advanced battery systems, electric propulsion, and composite structures.
Among Archer’s key projects are “Maker,” a two-seat piloted prototype used for flight testing and certification work, and “Midnight,” a four-passenger production model slated for commercial service.
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