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

Hexagon AB (publ) (OTCMKTS:HXGBY) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 2,000 shares, a decline of 33.3% from the February 13th total of 3,000 shares. Based on an average daily trading volume, of 134,800 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

Hexagon AB (publ) Stock Performance

HXGBY stock traded up $0.42 on Friday, hitting $11.52. 76,760 shares of the company were exchanged, compared to its average volume of 282,016. Hexagon AB has a twelve month low of $8.14 and a twelve month high of $12.17. The business’s fifty day moving average is $11.07 and its two-hundred day moving average is $10.09.

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.

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.