HEXAGON COMPOSITES Stock Impressive Jump On Wednesday, Outperforms Market

(VIANEWS) – The Market ended the session with HEXAGON COMPOSITES (HEX.OL) rising 14.47% to kr21.75 on Wednesday while Oslo Børs Benchmark Index_GI jumped 0.3% to kr1,398.27.

HEXAGON COMPOSITES’s last close was kr19.00, 50.73% below its 52-week high of kr38.56.

About HEXAGON COMPOSITES

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.

Earnings Per Share

As for profitability, HEXAGON COMPOSITES has a trailing twelve months EPS of kr-4.69.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -28.17%.

More news about HEXAGON COMPOSITES (HEX.OL).

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