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

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) gapped up prior to trading on Monday. The stock had previously closed at $8.62, but opened at $8.9899. Hensoldt shares last traded at $8.56, with a volume of 3,271 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Hensoldt in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Hensoldt Price Performance

The firm has a 50 day moving average of $9.60 and a 200-day moving average of $9.40.

Hensoldt Company Profile

HENSOLDT AG is a Germany-based defense electronics company that develops sensor solutions for the armed forces and security organizations. Its portfolio includes radar systems, electro-optical and infrared sensors, electronic warfare equipment, avionics, and systems that combine information from multiple sensors to support surveillance, reconnaissance, target detection, and situational awareness.

The company supplies products for land, air, naval, and space-related applications. Its offerings include air-defense and ground-surveillance radars, military identification systems, reconnaissance and observation equipment, submarine and naval sensors, and specialized solutions for aircraft and unmanned systems.