|Bid||497.30 x 0|
|Ask||497.10 x 0|
|Day's Range||487.70 - 498.10|
|52 Week Range||392.20 - 538.80|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||199.64|
|Forward Dividend & Yield||6.17 (1.25%)|
|1y Target Est||N/A|
European shares broke a six-day winning streak on Friday as poor German data and a downbeat outlook from Sweden's Hexagon weighed, and losses deepened after strong U.S. jobs data saw investors trimming bets of an aggressive rate cut by the U.S. Federal Reserve this month. The pan-European STOXX 600 index finished down 0.7% on broad-based losses, capping the week's gains at 1.4%.
European shares snapped its six-day winning streak on Friday as industrial stocks slid after Sweden's Hexagon gave a downbeat outlook blaming the U.S.-China trade war and investors stayed cautious ahead of a crucial U.S. jobs data. Citi economist Catherine Mann said the temporary trade truce is vulnerable to further escalation should the negotiations fall apart. Meanwhile, the long-drawn trade spat showed its impact on Swedish industrial technology group Hexagon, which announced 700 job cuts and warned of a drop in quarterly organic sales.
Today we are going to look at Hexagon AB (publ) (STO:HEXA B) to see whether it might be an attractive investment...
The chief executive of Swedish industrial technology group Hexagon, Ola Rollen, was found not guilty of insider share trading, an Oslo appeals court said on Wednesday, upholding the verdict of a lower court. Prosecutors had asked for an 18-month prison term for Rollen over his 2015 purchase of shares in Norway's Next Biometrics , a transaction which did not involve Hexagon. One of Sweden's best known business leaders, Rollen has always denied any wrongdoing and continued to run Hexagon, which he has led since 2000, transforming it into a $19 billion technology market leader.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Hexagon AB...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! After reading Hexagon AB (publ)'s (STO:HEXA B) most recent earnings announcement (31 December 2018...
Swedish industrial technology group Hexagon increased quarterly sales and core earnings slightly less than forecast held back by continued weakness in its public safety business. The maker of measurement and positioning systems and software described the first quarter as robust overall. Organic sales growth for the group was 4 percent, compared to analysts' expectations for 5 percent growth.
There are a number of reasons that attract investors towards large-cap companies such as Hexagon AB (publ) (STO:HEXA B), with a market cap of kr189b. Big corporations are much sought after by risk-averse investors who find diversif...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! After Hexagon AB (publ)'s (STO:HEXA B) earnings announcement on 31 December 2018...
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insidersRead More...
Swedish industrial technology group Hexagon said it was confident about growth prospects in China despite signs of its economy slowing as it reported solid quarterly earnings, sending its shares higher on Wednesday. Investors have been concerned about Hexagon's exposure to an economically weaker China, which accounts for around a sixth of group sales, as well as slumping car sales and a slowdown in the electronics industry. Speaking about the whole group, Hexagon Chief Executive Rollen said: "Despite the uncertainties surrounding the world economy, we are confident in our ability to continue to grow and strengthen our profitability".