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

Hexagon AB (publ) (OTCMKTS:HXGBY)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-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 trading hands.

Analyst Ratings Changes

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

Hexagon AB (publ) Stock Up 1.3 %

The firm’s fifty day moving average is $10.88 and its 200 day moving average is $10.05.

Hexagon AB (publ) (OTCMKTS:HXGBY) last issued its quarterly 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.

About Hexagon AB (publ)

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.