Hensoldt (OTCMKTS:HAGHY) Shares Gap Up – Here’s What Happened

Shares of Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) gapped up before the market opened on Thursday . The stock had previously closed at $8.00, but opened at $8.61. Hensoldt shares last traded at $8.6950, with a volume of 5,407 shares traded.

Wall Street Analyst Weigh In

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

Hensoldt Trading Up 10.1%

The firm has a fifty day moving average price of $8.87 and a 200-day moving average price of $25.90.

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.