Hensoldt (OTCMKTS:HAGHY) Shares Gap Down – Time to Sell?

by · The Markets Daily

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $9.35, but opened at $8.81. Hensoldt shares last traded at $9.00, with a volume of 1,422 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Hensoldt in a research note on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

View Our Latest Report on HAGHY

Hensoldt Stock Performance

The business has a 50-day moving average price of $9.56 and a two-hundred day moving average price of $12.52.

Hensoldt Company Profile

(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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