Hensoldt (OTCMKTS:HAGHY) Hits New 52-Week Low – Here’s Why

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY)’s stock price hit a new 52-week low on Thursday . The company traded as low as $7.3420 and last traded at $7.3420, with a volume of 2832 shares. The stock had previously closed at $8.06.

Analysts Set New Price Targets

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

Hensoldt Trading Down 6.7%

The firm’s 50-day moving average price is $9.06 and its 200 day moving average price is $27.10.

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.