Hensoldt (OTCMKTS:HAGHY) Sees Unusually-High Trading Volume – Here’s Why

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) saw unusually-high trading volume on Monday . Approximately 395,993 shares changed hands during mid-day trading, an increase of 193% from the previous session’s volume of 135,178 shares.The stock last traded at $8.96 and had previously closed at $8.99.

Analyst Ratings Changes

A number of research firms have weighed in on HAGHY. Kepler Capital Markets upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Jefferies Financial Group raised shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 8th. Finally, Zacks Research upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Three investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

Hensoldt Stock Performance

The company has a 50 day moving average of $9.25 and a 200-day moving average of $29.57.

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.