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

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) gapped up before the market opened 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 trading 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 analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Hensoldt Price Performance

The stock’s fifty day simple moving average is $9.60 and its two-hundred day simple moving average is $9.40.

About Hensoldt

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.