Hensoldt (OTCMKTS:HAGHY) Shares Gap Up – What’s Next?

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) shares gapped up prior to trading on Monday . The stock had previously closed at $9.16, but opened at $9.68. Hensoldt shares last traded at $9.96, with a volume of 47,160 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Hensoldt from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Three research 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.com, the company has an average rating of “Buy”.

Hensoldt Trading Up 8.3%

The company has a 50-day moving average price of $8.80 and a two-hundred day moving average price of $20.30.

Hensoldt Company Profile

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.