Hexagon Composites ASA (HXGCF) Stock Price, News & Analysis

Company Overview

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. The Hexagon Ragasco segment manufacturers composite liquefied petroleum gas (LPG) cylinders for leisure, household, and industrial applications. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology solutions that reduce cylinder and system down-time and inspection costs while improving inspection accuracy. Hexagon Composites ASA was founded in 1985 and is headquartered in Ålesund, Norway.

Key Stats

• Today's Range: $4.05 to $4.05
• 50-Day Range: $3.68 to $4.36
• 52-Week Range: $1.41 to $4.36
• Volume: 50 shs
• Average Volume: 10,327 shs
• Market Capitalization: N/A
• P/E Ratio: 4.13
• Dividend Yield: 6.11%
• Price Target: N/A
• Consensus Rating: N/A

Hexagon Composites ASA Stock Analysis - MarketRank™

Hexagon Composites ASA scored higher than 11% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hexagon Composites ASA.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hexagon Composites ASA is 4.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hexagon Composites ASA is 4.13, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 385.21.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Hexagon Composites ASA has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hexagon Composites ASA has recently increased by 0.63%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Hexagon Composites ASA pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hexagon Composites ASA does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hexagon Composites ASA is 25.26%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Hexagon Composites ASA has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hexagon Composites ASA has recently increased by 0.63%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.7 / 5
• News Sentiment: N/A

News Sentiment

Hexagon Composites ASA has a news sentiment score of -0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Hexagon Composites ASA this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hexagon Composites ASA insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 16.82% of the stock of Hexagon Composites ASA is held by institutions.

HXGCF Stock Analysis - Frequently Asked Questions

How have HXGCF shares performed this year?

Hexagon Composites ASA's stock was trading at $2.75 at the start of the year. Since then, HXGCF shares have increased by 47.3% and is now trading at $4.05.
View the best growth stocks for 2024 here.

How do I buy shares of Hexagon Composites ASA?

Shares of HXGCF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Cyclical
• Industry: Packaging & Containers
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:HXGCF
• CUSIP: N/A
• CIK: N/A
• Web: www.hexagongroup.com
• Phone: 47-70-30-44-50
• Fax: N/A
• Employees: 1,149
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 4.13
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A