Hexagon Composites ASA (OTCMKTS:HXGCF) Stock Price Down 9% – What’s Next?

Hexagon Composites ASA (OTCMKTS:HXGCFGet Free Report) fell 9% during mid-day trading on Monday . The company traded as low as $2.29 and last traded at $2.32. 3,000 shares changed hands during trading, The stock had previously closed at $2.55.

Hexagon Composites ASA Stock Performance

The business has a 50 day moving average of $2.81 and a 200-day moving average of $3.48.

Hexagon Composites ASA Company Profile

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Hexagon Composites ASA, together with its subsidiaries, engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. The company operates through Hexagon Agility, Hexagon Ragasco, and Hexagon Digital Wave segments. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation; and gas distribution solutions.

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