Shares of Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY – Get Free Report) shot up 6.6% during mid-day trading on Tuesday . The company traded as high as $9.25 and last traded at $9.15. 3,855 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 131,229 shares. The stock had previously closed at $8.58.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Jefferies Financial Group raised Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Zacks Research upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Kepler Capital Markets upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Three equities research 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 stock. According to MarketBeat, the company has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on HAGHY
Hensoldt Trading Up 4.4%
About Hensoldt
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.
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