Hexcel Corporation (HXL) Shares are Up 1.82%

Hexcel Corporation (HXL) has been under a strong bear grip, hence the stock is down -2.05% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.65% in the past 1 week. The stock has risen by 1.82% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.57% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.68% and the 50-Day Moving Average is 0.09%.The 200 Day SMA reached 2.49%


Hexcel Corporation (NYSE:HXL): After opening at $43.6, the stock dipped to an intraday low of $43.31 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $44.54 and the buying power remained strong till the end. The stock closed at $44.3 for the day, a gain of 2.19% for the day session. The total traded volume was 602,768. The stocks close on the previous trading day was $44.3.

Hexcel Corporation (HXL) stock is expected to deviate a maximum of $5.63 from the average target price of $48.5 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $56 and the most muted being $39.

Hexcel Corporation (Hexcel) is a composites company. The Company develops, manufactures and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and composite structures for use in commercial aerospace, space and defense and industrial markets. The Company operates in two segments: Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems and laminates. The Engineered Products segment manufactures and markets composite structures and precision machined honeycomb parts for use in the aerospace industry.

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