New Horizon Aircraft (NASDAQ:HOVRW – Get Free Report) is expected to be releasing its results before the market opens on Friday, October 9th. Analysts expect New Horizon Aircraft to post earnings of ($0.0884) per share for the quarter.
New Horizon Aircraft Stock Performance
New Horizon Aircraft stock opened at $0.32 on Wednesday. The company’s 50-day moving average price is $0.35 and its 200-day moving average price is $0.38. New Horizon Aircraft has a twelve month low of $0.26 and a twelve month high of $0.86.
New Horizon Aircraft Company Profile
New Horizon Aircraft Ltd. is a Canadian aerospace company developing hybrid-electric vertical takeoff and landing (VTOL) aircraft for the emerging advanced air mobility market. The company is focused on combining vertical takeoff and landing capabilities with efficient forward flight to support transportation in areas where conventional airports and runways may be impractical.
Its principal aircraft is the Cavorite X5, a five-seat hybrid-electric VTOL aircraft designed for regional passenger transportation and other applications.
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