Hexagon Composites ASA (HXGCF) Projected to Post Quarterly Earnings on Friday

Hexagon Composites ASA (OTCMKTS:HXGCF – Get Free Report) will likely be releasing its resultson Friday, November 6th. Analysts expect the company to post earnings of ($0.0080) per share and revenue of $86.97 million for the quarter.

Hexagon Composites ASA Stock Performance

Shares of OTCMKTS HXGCF opened at $1.20 on Thursday. Hexagon Composites ASA has a 52-week low of $0.65 and a 52-week high of $1.52. The firm’s fifty day moving average is $1.35 and its two-hundred day moving average is $1.07.

Analysts Set New Price Targets

Separately, Pareto Securities upgraded shares of Hexagon Composites ASA from a “hold” rating to a “buy” rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Check Out Our Latest Analysis on HXGCF

About Hexagon Composites ASA

(Get Free Report)

Hexagon Composites ASA is a Norway-based company that develops and manufactures lightweight composite pressure cylinders and storage systems for compressed gases. Its products are designed to store and transport gases such as hydrogen, compressed natural gas, renewable natural gas, industrial gases and liquefied petroleum gas, serving applications across clean-energy infrastructure, transportation and industrial markets.

The company’s operations have included composite fuel systems for commercial vehicles and other transportation applications, LPG cylinders for residential and commercial use, and high-pressure cylinders and related technologies for hydrogen and industrial-gas storage.

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