Hexagon AB Unsponsored ADR (OTCMKTS:HXGBY) Short Interest Update

Hexagon AB Unsponsored ADR (OTCMKTS:HXGBY) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 82,010 shares, an increase of 22.5% from the November 30th total of 66,936 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 686,811 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 686,811 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HXGBY. BNP Paribas upgraded Hexagon from a “hold” rating to an “outperform” rating in a research note on Thursday, November 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Hexagon in a research note on Monday, October 27th. Finally, Pareto Securities lowered shares of Hexagon from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Hexagon has an average rating of “Hold”.

Hexagon Price Performance

OTCMKTS HXGBY opened at $11.77 on Friday. Hexagon has a 12 month low of $8.51 and a 12 month high of $12.85. The firm has a market capitalization of $31.60 billion, a PE ratio of 45.27, a P/E/G ratio of 3.31 and a beta of 1.40. The company’s 50 day simple moving average is $11.84 and its 200 day simple moving average is $11.38. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.03 and a quick ratio of 0.89.

Hexagon Company Profile

Hexagon AB (publ) is a Sweden-based global provider of digital reality solutions, combining sensor, software and autonomous technologies. The company develops measurement instruments, software and data analytics platforms that enable customers to capture, process and visualize information about physical assets, infrastructure and environments. Hexagon’s offerings are designed to improve productivity and quality in sectors such as manufacturing, construction, surveying, agriculture, mining, public safety and utilities.

The company’s hardware portfolio includes positioning and dimensioning sensors, laser scanners, GNSS receivers and total stations used for surveying and geospatial data acquisition.