Hexagon AB (publ) (OTCMKTS:HXGBY) Stock Passes Below 50 Day Moving Average of $11.64

Hexagon AB (publ) (OTCMKTS:HXGBY)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.64 and traded as low as $11.17. Hexagon AB (publ) shares last traded at $11.26, with a volume of 45,635 shares changing hands.

Hexagon AB (publ) Stock Down 0.5 %

The stock’s 50-day moving average price is $11.64 and its 200 day moving average price is $10.75.

Hexagon AB (publ) (OTCMKTS:HXGBY) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $1.55 billion during the quarter.

Hexagon AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Thursday, May 2nd will be given a $0.1381 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This is a positive change from Hexagon AB (publ)’s previous dividend of $0.09. Hexagon AB (publ)’s payout ratio is currently 7.61%.

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.