Hensoldt (OTCMKTS:HAGHY) Shares Gap Down – Should You Sell?
by Jessica Moore · The Cerbat GemHensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $10.31, but opened at $9.93. Hensoldt shares last traded at $9.8850, with a volume of 4,136 shares trading hands.
Analyst Ratings Changes
A number of brokerages have issued reports on HAGHY. Zacks Research upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Jefferies Financial Group upgraded Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Finally, Kepler Capital Markets upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Three investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy”.
Read Our Latest Report on HAGHY
Hensoldt Stock Down 3.4%
The stock has a fifty day simple moving average of $9.07 and a 200 day simple moving average of $32.69.
Hensoldt Company Profile
Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.
Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.