Hexagon (OTCMKTS:HXGBY) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?
by Renee Jackson · The Cerbat GemShares of Hexagon AB Unsponsored ADR (OTCMKTS:HXGBY – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.36 and traded as high as $10.69. Hexagon shares last traded at $10.63, with a volume of 429,466 shares traded.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Hexagon in a report on Monday, April 13th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on HXGBY
Hexagon Price Performance
The firm’s fifty day moving average price is $10.36 and its 200 day moving average price is $11.09. The company has a quick ratio of 0.87, a current ratio of 1.01 and a debt-to-equity ratio of 0.24. The stock has a market cap of $28.53 billion, a PE ratio of 12.22 and a beta of 1.42.
Hexagon (OTCMKTS:HXGBY – Get Free Report) last released its earnings results on Thursday, April 23rd. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). Hexagon had a return on equity of 10.28% and a net margin of 40.44%.The company had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.50 billion.
Hexagon Company Profile
Hexagon AB (publ) is a Sweden-based global provider of digital reality solutions, combining sensor, software and autonomous technologies. The company develops measurement instruments, software and data analytics platforms that enable customers to capture, process and visualize information about physical assets, infrastructure and environments. Hexagon’s offerings are designed to improve productivity and quality in sectors such as manufacturing, construction, surveying, agriculture, mining, public safety and utilities.
The company’s hardware portfolio includes positioning and dimensioning sensors, laser scanners, GNSS receivers and total stations used for surveying and geospatial data acquisition.