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

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $8.19, but opened at $8.70. Hensoldt shares last traded at $8.2750, with a volume of 2,331 shares.

Analyst Ratings Changes

Several brokerages have recently weighed in on HAGHY. Kepler Capital Markets upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Zacks Research raised Hensoldt from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Jefferies Financial Group raised Hensoldt from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 8th. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Hensoldt Stock Up 2.1%

The stock’s fifty day moving average price is $9.22 and its 200-day moving average price is $28.44.

Hensoldt Company Profile

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.