Hexagon (OTCMKTS:HXGBY) Sets New 1-Year Low – What’s Next?

Shares of Hexagon AB Unsponsored ADR (OTCMKTS:HXGBY) reached a new 52-week low during trading on Monday . The stock traded as low as $8.62 and last traded at $8.62, with a volume of 11068 shares trading hands. The stock had previously closed at $10.02.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Hexagon in a report on Monday, April 13th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Hexagon presently has a consensus rating of “Hold”.

Hexagon Stock Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.26 and a current ratio of 3.44. The firm’s 50 day moving average is $10.57 and its 200-day moving average is $10.90. The stock has a market capitalization of $22.90 billion, a price-to-earnings ratio of 9.80 and a beta of 1.40.

Hexagon (OTCMKTS:HXGBY) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.50 billion. Hexagon had a return on equity of 9.74% and a net margin of 40.44%. Analysts forecast that Hexagon AB Unsponsored ADR will post 0.38 earnings per share for the current fiscal year.

Hexagon Company Profile

Hexagon AB (publ) is a Sweden-based global provider of digital reality solutions, combining sensor, software and autonomous technologies. The company develops measurement instruments, software and data analytics platforms that enable customers to capture, process and visualize information about physical assets, infrastructure and environments. Hexagon’s offerings are designed to improve productivity and quality in sectors such as manufacturing, construction, surveying, agriculture, mining, public safety and utilities.

The company’s hardware portfolio includes positioning and dimensioning sensors, laser scanners, GNSS receivers and total stations used for surveying and geospatial data acquisition.