Shares of New Horizon Aircraft Ltd. (NASDAQ:HOVRW – Get Free Report) traded down 0.5% on Monday . The company traded as low as $0.3412 and last traded at $0.3880. 78,918 shares were traded during trading, a decline of 29% from the average session volume of 111,474 shares. The stock had previously closed at $0.3901.
New Horizon Aircraft Price Performance
The business has a fifty day moving average of $0.44 and a 200-day moving average of $0.35.
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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