Hensoldt (OTCMKTS:HAGHY) Shares Gap Down – What’s Next?
by Michael Walen · The Markets DailyHensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $10.44, but opened at $9.87. Hensoldt shares last traded at $9.72, with a volume of 3,595 shares traded.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. Kepler Capital Markets upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Zacks Research upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Jefferies Financial Group upgraded Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Three equities research 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 stock. According to MarketBeat.com, Hensoldt currently has an average rating of “Buy”.
Get Our Latest Research Report on HAGHY
Hensoldt Stock Down 6.7%
The firm has a 50 day simple moving average of $9.13 and a two-hundred day simple moving average of $31.49.
About Hensoldt
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.