Hexagon Composites ASA (HXGCF)
Hexagon Composites ASA operates in the Packaging & Containers industry of the Consumer Cyclical sector, headquartered in Ålesund, MR, NO. The stock last traded at $1.52, up 4.45% on the session, giving a market capitalisation of $507.8M. On trailing twelve-month figures it carries a trailing P/E of -5.74, a net margin of -23.3%. Its beta of 0.73 implies it has historically moved less than the broad market.
Hexagon Composites ASA, along with its subsidiaries, specializes in the design, production, and distribution of advanced composite pressure vessels and integrated fuel systems. The company serves a global market, with operations spanning Norway, across Europe, North America, South-East Asia, the Middle East, and beyond. Its diverse activities are organized into four distinct business units: Hexagon Agility & CNG LDV focuses on providing sustainable fuel solutions for commercial and light-duty passenger vehicles, in addition to systems for transporting gaseous energy. Hexagon Purus is dedicated to offering high-pressure cylinders, complete vehicle systems, and battery packs, particularly for fuel cell electric (FCEV) and battery electric vehicles (BEV). Hexagon Digital Wave develops cutting-edge technology for cylinder integrity testing and continuous monitoring, aiming to minimize downtime and reduce inspection expenses while significantly enhancing precision. Hexagon Ragasco LPG manufactures lightweight composite cylinders for liquefied petroleum gas (LPG), catering to a variety of uses including recreational, domestic, and industrial sectors. Established in 1985, Hexagon Composites ASA maintains its headquarters in Ålesund, Norway.
Hexagon Composites ASA is most often compared with the following Consumer Cyclical names: