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

Key Points

• Gapped up: Hensoldt shares opened at $8.58 after closing at $8.00, last trading at $8.55 on a volume of 358,399 shares.
• Mixed analyst views: Recent rating moves include Zacks downgrading to "strong sell," Jefferies upgrading to "strong-buy," and Kepler moving to "hold"; overall consensus from nine analysts is an average rating of "Moderate Buy".
• Technical disconnect: The ADR is trading far below its technicals, with a 50-day moving average of $36.75 and a 200-day moving average of $45.93.

Hensoldt AG - Unsponsored ADR (OTCMKTS:HAGHY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $8.00, but opened at $8.58. Hensoldt shares last traded at $8.55, with a volume of 358,399 shares changing hands.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Zacks Research downgraded shares of Hensoldt from a "hold" rating to a "strong sell" rating in a report on Friday, March 6th. Jefferies Financial Group upgraded shares of Hensoldt from a "hold" rating to a "strong-buy" rating in a research note on Sunday, March 8th. Finally, Kepler Capital Markets raised shares of Hensoldt from a "strong sell" rating to a "hold" rating in a research report on Monday, March 16th. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Hensoldt has an average rating of "Moderate Buy".

Hensoldt Price Performance

The company's 50-day moving average price is $36.75 and its two-hundred day moving average price is $45.93.

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.

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