Hensoldt (OTCMKTS:HAGHY) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY)’s share price passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $9.31 and traded as high as $9.64. Hensoldt shares last traded at $9.62, with a volume of 177,853 shares trading hands.

Analyst Ratings Changes

Several equities analysts have recently issued reports on HAGHY shares. Jefferies Financial Group upgraded Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Hensoldt in a research report on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Hensoldt Trading Up 3.4%

The company has a 50 day moving average price of $9.31 and a 200 day moving average price of $17.61.

About Hensoldt

HENSOLDT AG is a Germany-based defense electronics company that develops and supplies sensor solutions for military and security applications. Its portfolio includes radar systems, electronic warfare and signals intelligence solutions, optronics, avionics, and integrated mission systems designed to support situational awareness and threat detection.

The company serves customers across air, land, sea, and space domains. Its products are used in applications such as air defense, reconnaissance, surveillance, border protection, and the modernization of military platforms.