Hexagon Composites ASA (OTCMKTS:HXGCF) Trading Down 9% – Here’s What Happened

Hexagon Composites ASA (OTCMKTS:HXGCF)’s share price 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 were traded during mid-day trading, The stock had previously closed at $2.55.

Hexagon Composites ASA Price Performance

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

Hexagon Composites ASA Company Profile

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.