Horizon Global Corporation (HZN) had a rough trading day for Tuesday March 05 as shares tumbled 10%, or a loss of $-0.3 per share, to close at $2.70. After opening the day at $3.01, shares of Horizon Global Corporation traded as high as $3.08 and as low as $2.67. Volume was 495,642 shares over 2,421 trades, against an average daily volume of 445,685 shares and a total float of 25.11 million.
As a result of the decline, Horizon Global Corporation now has a market cap of $67.8 million. In the last year, shares of Horizon Global Corporation have traded between a range of $10.09 and $1.34, and its 50-day SMA is currently $2.02 and 200-day SMA is $4.98.
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.