Hexagon AB (publ) (OTCMKTS:HXGBY) Stock Passes Below 50 Day Moving Average of $11.64

Hexagon AB (publ) (OTCMKTS:HXGBY) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $11.64 and traded as low as $11.17. Hexagon AB (publ) shares last traded at $11.26, with a volume of 45,635 shares changing hands.

Hexagon AB (publ) Stock Down 0.5 %

The business’s fifty day moving average is $11.64 and its 200-day moving average is $10.75.

Hexagon AB (publ) (OTCMKTS:HXGBY) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. The firm had revenue of $1.55 billion for the quarter.

Hexagon AB (publ) Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Thursday, May 2nd will be issued a dividend of $0.1381 per share. This is a positive change from Hexagon AB (publ)’s previous dividend of $0.09. The ex-dividend date of this dividend is Wednesday, May 1st. Hexagon AB (publ)’s dividend payout ratio (DPR) is presently 7.61%.

Hexagon AB (publ) Company Profile

Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. The company offers analysis and management, machine control, embedded electronics, monitoring, and planning and optimization solutions to agriculture division; 3D design and visualization, enterprise asset and asset lifecycle management, OT/ICS cyber security, engineering and schematics, enterprise project performance, operation and maintenance, procurement, fabrication, and construction services for asset lifecycle intelligence division; GNSS and SMART antennas, anti-jam systems, autonomy kits and services, correction services, GNSS/INS receivers and post processing, resilience and integrity technology, and visualization software for autonomy and positioning division; and 3D surveillance, AEC and survey software, geospatial content, machine control, digital realities platform, laser scanning and measurement tools, levels, total stations, airborne, monitoring, document and verification solutions, detection, GNSS, and mobile mapping system to geosystem division.