Hexagon AB (publ) (OTCMKTS:HXGBY) Releases Earnings Results, Beats Expectations By $0.01 EPS

Hexagon AB (publ) (OTCMKTS:HXGBY) posted its quarterly earnings data on Friday. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01, Zacks reports.

Hexagon AB (publ) Stock Performance

Shares of OTCMKTS:HXGBY traded down $0.11 during mid-day trading on Friday, hitting $10.71. The company had a trading volume of 120,330 shares, compared to its average volume of 355,233. The firm has a fifty day moving average price of $9.63 and a 200 day moving average price of $9.76. Hexagon AB has a one year low of $8.14 and a one year high of $12.35.

Analysts Set New Price Targets

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

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.