New Horizon Aircraft Ltd. (NASDAQ:HOVRW – Get Free Report)’s stock price fell 6.1% on Tuesday . The company traded as low as $0.3750 and last traded at $0.3850. 5,989 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 60,333 shares. The stock had previously closed at $0.4099.
New Horizon Aircraft Stock Down 6.1%
The business has a fifty day moving average price of $0.38 and a two-hundred day moving average price of $0.38.
New Horizon Aircraft Company Profile
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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