New Horizon Aircraft (NASDAQ:HOVRW – Get Free Report) is anticipated to announce its results before the market opens on Friday, October 9th. Analysts expect the company to announce earnings of ($0.0884) per share for the quarter.
New Horizon Aircraft Price Performance
NASDAQ HOVRW opened at $0.29 on Thursday. The company’s 50-day simple moving average is $0.35 and its 200 day simple moving average is $0.38. New Horizon Aircraft has a twelve month low of $0.26 and a twelve month high of $0.86.
About New Horizon Aircraft
New Horizon Aircraft Ltd. is a Canadian aerospace company developing hybrid-electric vertical takeoff and landing (VTOL) aircraft for the emerging advanced air mobility market. The company is focused on combining vertical takeoff and landing capabilities with efficient forward flight to support transportation in areas where conventional airports and runways may be impractical.
Its principal aircraft is the Cavorite X5, a five-seat hybrid-electric VTOL aircraft designed for regional passenger transportation and other applications.
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