Hexagon Composites ASA (OTCMKTS:HXGCF – Get Free Report)’s stock price dropped 3.8% during trading on Friday . The stock traded as low as $0.9328 and last traded at $0.9328. 1,000 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 8,450 shares. The stock had previously closed at $0.9696.
Hexagon Composites ASA Stock Down 3.8%
The business has a 50 day moving average price of $0.98 and a two-hundred day moving average price of $0.90.
Hexagon Composites ASA Company Profile
Hexagon Composites ASA (OTCMKTS: HXGCF) is a Norway‐based industrial company specializing in the design, manufacture and distribution of advanced composite pressure cylinders and gas storage systems. Headquartered in Asker, the company develops Type III and Type IV cylinders engineered to safely store and transport environmentally friendly gases, including compressed natural gas (CNG), renewable natural gas (RNG), hydrogen and liquefied petroleum gas (LPG). Its solutions are used across a broad range of applications—from commercial transport and industrial gas handling to energy refueling stations.
Originally founded in the early 1980s to serve the emerging market for lightweight pressure vessels, Hexagon has expanded through organic growth and strategic acquisitions to become a global leader in composite cylinder technology.
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