Hensoldt (OTCMKTS:HNSDF) Shares Up 13% – Time to Buy?

Shares of Hensoldt AG (OTCMKTS:HNSDF) shot up 13% during trading on Wednesday . The stock traded as high as C$95.70 and last traded at C$95.70. 730 shares were traded during mid-day trading, a decline of 29% from the average session volume of 1,035 shares. The stock had previously closed at C$84.67.

Hensoldt Price Performance

The company’s 50-day simple moving average is C$91.70 and its 200 day simple moving average is C$96.89.

Hensoldt Company Profile

HENSOLDT AG, together with its subsidiaries, provides defense and security electronic sensor solutions worldwide. It offers air surveillance, airborne, ground based, security, naval and coastal, and space radars; identification friend or foe and secure data links; and commercial shipping solutions. The company also provides airborne, vehicle, surveillance, and maritime optronics; space optics; optronic sensor devices; and sights, scopes, and night-vision attachments. In addition, it offers electronic support/SIGINT products, receivers, direction finders, electronic attackers/jammers, self-protection EW software suites and ground support stations, and electronic warfare systems.