Hensoldt (OTCMKTS:HAGHY) Shares Gap Down – Should You Sell?

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) shares gapped down prior to trading on Friday . The stock had previously closed at $7.80, but opened at $7.18. Hensoldt shares last traded at $7.25, with a volume of 61,083 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on HAGHY shares. Zacks Research upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Jefferies Financial Group upgraded Hensoldt from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 8th. Finally, Kepler Capital Markets upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Three investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Hensoldt Stock Up 1.5%

The company has a fifty day moving average price of $9.02 and a 200 day moving average price of $26.87.

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.