Hensoldt (OTCMKTS:HAGHY) Shares Down 5.1% – What’s Next?

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) shares dropped 5.1% during trading on Friday . The company traded as low as $9.01 and last traded at $9.01. Approximately 2,212 shares traded hands during trading, a decline of 97% from the average daily volume of 87,304 shares. The stock had previously closed at $9.49.

Analyst Upgrades and Downgrades

HAGHY has been the subject of a number of analyst reports. Jefferies Financial Group raised shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 8th. Kepler Capital Markets raised shares of Hensoldt from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Finally, Zacks Research lowered shares of Hensoldt from a “hold” rating to a “strong sell” rating in a report on Friday, March 6th. Three equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Hensoldt has a consensus rating of “Moderate Buy”.

Hensoldt Trading Down 5.3%

The company has a 50-day moving average price of $29.24 and a 200-day moving average price of $43.06.

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.