Hexagon AB (publ) (OTCMKTS:HXGBY) Stock Passes Above 50 Day Moving Average – What’s Next?

Hexagon AB (publ) (OTCMKTS:HXGBY)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $11.07 and traded as high as $11.52. Hexagon AB (publ) shares last traded at $11.52, with a volume of 76,760 shares.

Wall Street Analyst Weigh In

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

Hexagon AB (publ) Trading Up 3.8 %

The company’s fifty day moving average is $11.07 and its 200 day moving average is $10.09.

Hexagon AB (publ) (OTCMKTS:HXGBY) last released its earnings results on Friday, January 31st. The company reported $0.13 EPS for the quarter, topping the consensus estimate 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.