New Horizon Aircraft Ltd. (NASDAQ:HOVRW – Get Free Report) rose 6.4% during mid-day trading on Wednesday . The stock traded as high as $0.42 and last traded at $0.4150. Approximately 4,575 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 68,889 shares. The stock had previously closed at $0.3901.
New Horizon Aircraft Trading Down 1.6%
The business has a fifty day moving average of $0.43 and a 200-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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