Hexagon Composites ASA (HXGCF) Projected to Post Earnings on Wednesday

Hexagon Composites ASA (OTCMKTS:HXGCF) will likely be announcing its resultson Wednesday, May 13th. Analysts expect the company to announce earnings of ($0.0508) per share and revenue of $63.4960 million for the quarter.

Hexagon Composites ASA Stock Performance

Hexagon Composites ASA stock opened at $0.95 on Wednesday. Hexagon Composites ASA has a twelve month low of $0.65 and a twelve month high of $1.92. The stock’s 50 day moving average is $0.87 and its 200 day moving average is $0.81.

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.