Hensoldt (OTCMKTS:HAGHY) Sees Strong Trading Volume – Here’s What Happened

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHYGet Free Report) shares saw strong trading volume on Monday . 395,993 shares were traded during mid-day trading, an increase of 193% from the previous session’s volume of 135,178 shares.The stock last traded at $8.96 and had previously closed at $8.99.

Analysts Set New Price Targets

HAGHY has been the topic of several research analyst reports. Jefferies Financial Group raised Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Zacks Research raised Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Kepler Capital Markets raised Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Three 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 data from MarketBeat.com, the company has a consensus rating of “Buy”.

Check Out Our Latest Analysis on Hensoldt

Hensoldt Stock Performance

The stock has a fifty day simple moving average of $9.20 and a 200-day simple moving average of $30.09.

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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