Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Given Average Recommendation of “Reduce” by Brokerages

Shares of Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) have been assigned an average rating of “Reduce” from the six brokerages that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company.

Separately, Jefferies Financial Group assumed coverage on Hapag-Lloyd Aktiengesellschaft in a report on Tuesday, June 27th. They issued a “hold” rating on the stock.

Hapag-Lloyd Aktiengesellschaft Stock Performance

OTCMKTS HPGLY opened at $103.85 on Friday. The stock has a 50 day simple moving average of $109.05 and a two-hundred day simple moving average of $126.17. Hapag-Lloyd Aktiengesellschaft has a fifty-two week low of $84.07 and a fifty-two week high of $197.60.

Hapag-Lloyd Aktiengesellschaft Company Profile

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. Its vessel and container fleets are used for dry and special cargo, various dangerous goods, and coffee, as well as reefer cargo. The company also offers bilateral EDI, a directly connected electronic data interchange; API Developer portal for directly connected with internal systems: operates portal that manage customer's supply chain data and connect to their carriers through one interface; and provides e-mail and security information services.