Watch for Continued Gains in Shares of Hexcel Corporation (HXL)

March 17, 2021 09:55:52

Hexcel Corporation (NYSE:HXL) traded today at a new 52-week high of $62.28. Approximately 183,000 shares have changed hands today, as compared to an average 30-day volume of 901,000 shares.

In the past 52 weeks, Hexcel Corporation share prices are bracketed by a low of $24.54 and a high of $62.28 and is now at $61.70, 151% above that low price.

Hexcel Corporation (NYSE:HXL) is currently priced 1.0% above its average consensus analyst price target of $61.10.

Hexcel designs and manufactures high-performance composites, including carbon fibers, for use in commercial aerospace, defense, and other industrial markets. Generally, around 70% of revenue is from the commercial aerospace end market, 17% of revenue is from the defense end market and 13% of revenue is from other industrial end markets. The company operates under two segments: composite materials and engineered products.

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