New Horizon Aircraft Ltd. (NASDAQ:HOVRW – Get Free Report) shares were up 19.6% during mid-day trading on Friday . The company traded as high as $0.32 and last traded at $0.28. Approximately 158,634 shares were traded during mid-day trading, an increase of 69% from the average daily volume of 93,839 shares. The stock had previously closed at $0.23.
New Horizon Aircraft Stock Performance
The stock has a 50 day moving average price of $0.11 and a two-hundred day moving average price of $0.07.
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.
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