Héroux-Devtek (OTCMKTS:HERXF) Share Price Crosses Below 50 Day Moving Average of $12.07

Shares of Héroux-Devtek Inc. (OTCMKTS:HERXFGet Rating) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.07 and traded as low as $11.35. Héroux-Devtek shares last traded at $11.35, with a volume of 100 shares changing hands.

A number of equities research analysts have issued reports on the company. Scotiabank reduced their price target on Héroux-Devtek from C$24.00 to C$21.00 in a research report on Friday, May 20th. Desjardins raised their target price on Héroux-Devtek from C$25.00 to C$27.00 in a research report on Monday, May 23rd. Finally, National Bank Financial cut their target price on Héroux-Devtek from C$26.00 to C$25.00 in a research report on Friday, May 20th.

The firm has a 50-day moving average price of $12.07 and a two-hundred day moving average price of $13.04.

Héroux-Devtek Company Profile (OTCMKTS:HERXF)

Héroux-Devtek Inc engages in the design, development, manufacture, assembling, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company also assembles and installs aircraft components at customer assembly lines.

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