Hensoldt (OTCMKTS:HAGHY) Shares Gap Down – Here’s What Happened

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $9.07, but opened at $8.31. Hensoldt shares last traded at $8.65, with a volume of 17,923 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on HAGHY shares. Jefferies Financial Group upgraded shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Hensoldt in a report on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Hensoldt Trading Down 5.6%

The company’s 50-day moving average is $9.14 and its 200-day moving average is $15.88.

Hensoldt Company Profile

HENSOLDT AG is a Germany-based defense electronics company that develops and supplies sensor solutions for military and security applications. Its portfolio includes radar systems, electronic warfare and signals intelligence solutions, optronics, avionics, and integrated mission systems designed to support situational awareness and threat detection.

The company serves customers across air, land, sea, and space domains. Its products are used in applications such as air defense, reconnaissance, surveillance, border protection, and the modernization of military platforms.