Hexagon (OTCMKTS:HXGBY) Shares Gap Up – Here’s What Happened

Shares of Hexagon AB Unsponsored ADR (OTCMKTS:HXGBYGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $10.63, but opened at $11.22. Hexagon shares last traded at $11.0012, with a volume of 9,107 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Hexagon in a research note on Monday, April 13th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold”.

View Our Latest Stock Analysis on Hexagon

Hexagon Trading Up 3.0%

The company has a current ratio of 1.01, a quick ratio of 0.87 and a debt-to-equity ratio of 0.24. The business has a 50 day simple moving average of $10.39 and a two-hundred day simple moving average of $11.08. The stock has a market cap of $30.87 billion, a price-to-earnings ratio of 13.22, a price-to-earnings-growth ratio of 0.69 and a beta of 1.42.

Hexagon (OTCMKTS:HXGBYGet Free Report) last released its earnings results on Thursday, April 23rd. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). Hexagon had a return on equity of 10.28% and a net margin of 40.44%.The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.50 billion. As a group, equities analysts anticipate that Hexagon AB Unsponsored ADR will post 0.31 EPS for the current year.

Hexagon Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Hexagon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hexagon and related companies with MarketBeat.com's FREE daily email newsletter.