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

Hexagon AB (publ) (OTCMKTS:HXGBY) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 26,600 shares, an increase of 1,230.0% from the February 28th total of 2,000 shares. Based on an average trading volume of 839,100 shares, the short-interest ratio is currently 0.0 days.

Hexagon AB (publ) Trading Down 0.1 %

Shares of Hexagon AB (publ) stock opened at $10.99 on Friday. Hexagon AB has a 12-month low of $8.14 and a 12-month high of $12.14. The company has a 50-day simple moving average of $11.36 and a 200 day simple moving average of $10.17.

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

Analyst Upgrades and Downgrades

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

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.