Hensoldt (OTCMKTS:HAGHY) Trading Down 8.1% – Time to Sell?

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) shares were down 8.1% during trading on Monday . The stock traded as low as $8.50 and last traded at $8.50. Approximately 4,721 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 156,611 shares. The stock had previously closed at $9.25.

Wall Street Analysts Forecast Growth

Several analysts have commented on HAGHY shares. Kepler Capital Markets upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Jefferies Financial Group upgraded Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Finally, Zacks Research upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Three analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Hensoldt currently has an average rating of “Buy”.

Hensoldt Price Performance

The business’s fifty day moving average is $9.26 and its two-hundred day moving average is $28.89.

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.