Horizon Global Corporation (HZN) Soars 20.5% on January 16

Horizon Global Corporation (HZN) Soars 20.5% on January 16

Horizon Global Corporation (HZN) had a good day on the market for Wednesday January 16 as shares jumped 20.5% to close at $2.41. About 692,478 shares traded hands on 1,637 trades for the day, compared with an average daily volume of 360,447 shares out of a total float of 25.11 million. After opening the trading day at $1.99, shares of Horizon Global Corporation stayed within a range of $2.43 to $1.99.

With today’s gains, Horizon Global Corporation now has a market cap of $60.52 million. Shares of Horizon Global Corporation have been trading within a range of $13.48 and $1.34 over the last year, and it had a 50-day SMA of $2.45 and a 200-day SMA of $5.88.

Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton ,harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg.

Horizon Global Corporation is based out of Troy, MI and has some 4,300 employees. Its CEO is Carl S. Bizon.

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