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Friday, December 18, 2020

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HZN Horizon Global Corp. gains 42% Dec 18, 2020

Horizon Global Corporation designs, manufactures, and distributes a range of towing, trailering, cargo management, and other related accessory products to the automotive aftermarket, retail, and original equipment channels worldwide. It operates through two segments, Cequent Americas and Cequent APEA. The company provides towing products, such as hitches, fifth wheels, gooseneck hitches, weight distribution systems, wiring harnesses, draw bars, ball mounts, crossbars, towbars, security, and other towing accessories for attaching a trailer, camper, etc. It also offers trailering products, including control devices and components of the trailer itself comprising brake controls, jacks, winches, couplers, interior and exterior vehicle lighting, and brake replacement parts. In addition, the company provides cargo management products consisting of bike racks, roof cross bar systems, cargo carriers, luggage boxes, car interior protective products, rope, tie-downs, tarps, tarp straps, bungee cords, loading ramps, and interior travel organizers. Further, it offers other products comprising commercial brooms and brushes, skid plates, oil pans, tubular push bars, side steps, and sports bars. The company provides its products under the Reese, Hayman-Reese, and Draw-Tite, as well as Aqua Clear, Bulldog, BTM, DHF, Engetran, Fulton, Harper, Hidden Hitch, Highland, Kovil, Laitner, Parkside, Pro Series, Reese Secure, Reese Explorer, Reese Power Sports, Reese Towpower, ROLA, Tekonsha, Trojan, WesBarg, and Witter Towbar Systems brands. Horizon Global Corporation offers its products through original equipment manufacturers, original equipment suppliers, retail, and aftermarket customers in the agricultural, automotive, construction, horse/livestock, industrial, marine, military, recreational, trailer, and utility markets, as well as serves end-user through retailers. Horizon Global Corporation was incorporated in 2015 is headquartered in Troy, Michigan.http://www.priceseries.com/trade/HZN-Horizon-Global-Corp-stock-gains-42-percent-a-Trade-Record-by-priceSeries-2020111120201218.html

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