Archer (OTCMKTS:ARHVF – Get Free Report) is projected to post its results before the market opens on Tuesday, May 19th. Analysts expect Archer to post earnings of $0.0366 per share and revenue of $243.75 million for the quarter.
Archer Stock Performance
OTCMKTS:ARHVF opened at $2.91 on Tuesday. Archer has a twelve month low of $2.00 and a twelve month high of $3.17. The stock has a fifty day simple moving average of $2.79 and a 200-day simple moving average of $2.44.
About Archer
Archer is a technology company focused on the design and development of electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company aims to launch air taxi services that reduce travel time and emissions in densely populated areas. Archer’s core offering centers on fully electric, piloted aircraft designed to carry passengers on short-haul routes, leveraging advanced battery systems, electric propulsion, and composite structures.
Among Archer’s key projects are “Maker,” a two-seat piloted prototype used for flight testing and certification work, and “Midnight,” a four-passenger production model slated for commercial service.
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