Hensoldt (OTCMKTS:HAGHY) Shares Gap Up – Here’s Why

Shares of Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHYGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $8.00, but opened at $8.61. Hensoldt shares last traded at $8.6950, with a volume of 5,407 shares.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Kepler Capital Markets upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Zacks Research upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Jefferies Financial Group upgraded shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 8th. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Hensoldt presently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on HAGHY

Hensoldt Stock Performance

The business has a 50-day moving average price of $8.86 and a two-hundred day moving average price of $25.54.

About Hensoldt

(Get Free Report)

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.

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