Hexagon AB (publ) (OTCMKTS:HXGBY) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Hexagon AB (publ) (OTCMKTS:HXGBY) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.84 and traded as high as $11.79. Hexagon AB (publ) shares last traded at $11.79, with a volume of 2,024,910 shares traded.

Analyst Ratings Changes

Separately, Morgan Stanley reiterated an “underweight” rating on shares of Hexagon AB (publ) in a research note on Monday, February 3rd.

Hexagon AB (publ) Stock Performance

The business’s 50-day simple moving average is $10.88 and its 200-day simple moving average is $10.05.

Hexagon AB (publ) (OTCMKTS:HXGBY) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01.

Hexagon AB (publ) Company Profile

Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. The company offers analysis and management, machine control, embedded electronics, monitoring, and planning and optimization solutions to agriculture division; 3D design and visualization, enterprise asset and asset lifecycle management, OT/ICS cyber security, engineering and schematics, enterprise project performance, operation and maintenance, procurement, fabrication, and construction services for asset lifecycle intelligence division; GNSS and SMART antennas, anti-jam systems, autonomy kits and services, correction services, GNSS/INS receivers and post processing, resilience and integrity technology, and visualization software for autonomy and positioning division; and 3D surveillance, AEC and survey software, geospatial content, machine control, digital realities platform, laser scanning and measurement tools, levels, total stations, airborne, monitoring, document and verification solutions, detection, GNSS, and mobile mapping system to geosystem division.