Hexagon Composites ASA (HXGCF) Stock Price, News & Analysis

Company Overview

Hexagon Composites ASA is a Norway-based manufacturer of advanced composite pressure cylinders and storage systems designed for the safe transport and storage of gases such as compressed natural gas (CNG) and hydrogen. Headquartered in Asker, Norway, the company develops lightweight, high-strength solutions aimed at reducing emissions and improving efficiency across a range of transportation, maritime and industrial applications.

Hexagon Composites designs, manufactures and distributes composite cylinders, multi-cylinder modules and integrated fuel storage systems for renewable and clean energy applications. Its offerings include single cylinders, turnkey storage modules and mobile refueling units tailored for vehicular fleets, maritime vessels and stationary refueling stations. The company also provides gas transportation solutions to support the infrastructure needed for CNG and hydrogen fueling networks.

Since its inception in the early 1990s, Hexagon Composites has expanded its global footprint through manufacturing facilities and sales offices in Europe, North America and Asia, with core operations in Norway and the United States complemented by strategic partnerships across Asia. The company serves original equipment manufacturers (OEMs), fleet operators and industrial gas companies, enabling the transition to cleaner energy and the reduction of greenhouse gas emissions.

Led by a management team with expertise in composite materials and energy technologies, Hexagon Composites continues to invest in research and development aimed at improving storage capacity, safety and cost effectiveness. With a focus on circular economy principles and adherence to international safety standards, the company positions itself as a provider of next-generation gas storage solutions that support global decarbonization efforts.

Key Stats

• Today's Range: $1.71 to $1.71
• 50-Day Range: $1.66 to $1.89
• 52-Week Range: $1.40 to $4.36
• Volume: N/A
• Average Volume: 5,259 shs
• Market Capitalization: N/A
• P/E Ratio: 1.74
• Dividend Yield: 14.47%
• Price Target: N/A
• Consensus Rating: N/A

Hexagon Composites ASA Stock Analysis - MarketRank™

Hexagon Composites ASA scored higher than 17% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hexagon Composites ASA.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hexagon Composites ASA is 1.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hexagon Composites ASA is 1.74, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 82.70.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Hexagon Composites ASA has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hexagon Composites ASA has recently increased by 23.17%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Hexagon Composites ASA pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hexagon Composites ASA does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hexagon Composites ASA is 25.26%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Hexagon Composites ASA has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hexagon Composites ASA has recently increased by 23.17%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.21

News Sentiment

Hexagon Composites ASA has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Hexagon Composites ASA this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hexagon Composites ASA insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 16.82% of the stock of Hexagon Composites ASA is held by institutions.

HXGCF Stock Analysis - Frequently Asked Questions

How have HXGCF shares performed this year?

Hexagon Composites ASA's stock was trading at $3.95 at the beginning of the year. Since then, HXGCF stock has decreased by 56.7% and is now trading at $1.71.

How do I buy shares of Hexagon Composites ASA?

Shares of HXGCF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Cyclical
• Industry: Packaging & Containers
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:HXGCF
• CIK: N/A
• Web: www.hexagongroup.com
• Phone: 47-70-30-44-50
• Fax: N/A
• Employees: 1,149
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 1.74
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A