Horizon Global Corporation (HZN) Soars 8.1%

Horizon Global Corporation (HZN) Soars 8.1%

Horizon Global Corporation is a Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets.

Horizon Global Corporation (HZN) had a good day on the market for Friday March 12 as shares jumped 8.1% to close at $10.54. About 84,337 shares traded hands on 860 trades for the day, compared with an average daily volume of n/a shares out of a total float of 26.22 million. After opening the trading day at $9.85, shares of Horizon Global Corporation stayed within a range of $10.65 to $9.83.

With today’s gains, Horizon Global Corporation now has a market cap of $276.35 million. Shares of Horizon Global Corporation have been trading within a range of $11.08 and $1.21 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

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. The company’s geographical segment includes Horizon Americas and Horizon Europe-Africa. It derives a majority of revenue from Horizon Americas segment.

Horizon Global Corporation is based out of Plymouth, MI and has some 3,600 employees. Its CEO is Terrence G. Gohl.

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