Hon Hai Precision Industry (OTCMKTS:HNHPF) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Hon Hai Precision Industry (OTCMKTS:HNHPF – Get Rating) from a buy rating to a conviction-buy rating in a research report released on Thursday morning, The Fly reports.

Hon Hai Precision Industry Stock Performance

Shares of HNHPF opened at $6.70 on Thursday. Hon Hai Precision Industry has a fifty-two week low of $6.03 and a fifty-two week high of $7.93. The firm’s 50-day simple moving average is $6.62 and its two-hundred day simple moving average is $6.54.

Hon Hai Precision Industry Company Profile

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Hon Hai Precision Industry Co, Ltd. engages in manufacturing, sales, and service of various connectors, chassis, radiators, wired or wireless communication products, optical products, power supply modules, application module assembly products, and network cable assembly products involved in the information, communication, automation equipment, precision machinery, automobile, and consumer electronics industries.