Hensoldt (OTCMKTS:HNSDF) Shares Up 4.2% – Here’s Why

Shares of Hensoldt AG (OTCMKTS:HNSDF) shot up 4.2% during mid-day trading on Monday . The stock traded as high as C$93.82 and last traded at C$93.82. 267 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 1,088 shares. The stock had previously closed at C$90.07.

Hensoldt Stock Performance

The company has a 50 day simple moving average of C$96.29 and a 200 day simple moving average of C$98.64.

About Hensoldt

HENSOLDT AG, together with its subsidiaries, provides defense and security electronic sensor solutions worldwide. It offers air surveillance, airborne, ground based, security, naval and coastal, and space radars; identification friend or foe and secure data links; and commercial shipping solutions. The company also provides airborne, vehicle, surveillance, and maritime optronics; space optics; optronic sensor devices; and sights, scopes, and night-vision attachments. In addition, it offers electronic support/SIGINT products, receivers, direction finders, electronic attackers/jammers, self-protection EW software suites and ground support stations, and electronic warfare systems.