Hensoldt (OTCMKTS:HAGHY) Shares Gap Up – Should You Buy?

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) shares gapped up prior to trading on Thursday . The stock had previously closed at $9.18, but opened at $10.28. Hensoldt shares last traded at $10.28, with a volume of 2,540 shares.

Analysts Set New Price Targets

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

Hensoldt Price Performance

The company has a fifty day simple moving average of $9.72 and a 200-day simple moving average of $33.60.

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.