Hexagon AB (publ) (OTCMKTS:HXGBY) Short Interest Update

Hexagon AB (publ) (OTCMKTS:HXGBY) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 20,200 shares, an increase of 180.6% from the November 15th total of 7,200 shares. Based on an average daily trading volume, of 428,400 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, BNP Paribas upgraded Hexagon AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 31st.

Hexagon AB (publ) Stock Performance

OTCMKTS:HXGBY traded down $0.05 during mid-day trading on Friday, reaching $9.86. The stock had a trading volume of 2,707,310 shares, compared to its average volume of 125,269. Hexagon AB has a one year low of $8.14 and a one year high of $12.35. The firm has a 50 day moving average price of $9.33 and a two-hundred day moving average price of $10.08.

Hexagon AB (publ) (OTCMKTS:HXGBY) last released its earnings results on Friday, October 25th. The company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The business had revenue of $1.43 billion for the quarter.

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.