Hexagon (OTCMKTS:HXGBY) Announces Quarterly Earnings Results

Hexagon (OTCMKTS:HXGBY) posted its earnings results on Thursday. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03), Zacks reports. Hexagon had a return on equity of 10.86% and a net margin of 11.26%.

Hexagon Price Performance

Shares of OTCMKTS:HXGBY traded up $0.22 during trading on Thursday, reaching $11.30. The company had a trading volume of 90,794 shares, compared to its average volume of 535,004. The firm’s fifty day moving average is $10.47 and its 200 day moving average is $11.28. The firm has a market capitalization of $30.33 billion, a PE ratio of 47.08 and a beta of 1.42. Hexagon has a twelve month low of $9.19 and a twelve month high of $12.85. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.87 and a current ratio of 1.01.

Wall Street Analysts Forecast Growth

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

About Hexagon

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.