Hexcel (HXL) is Downgraded by Goldman to Neutral

Hexcel (HXL) is Downgraded by Goldman to Neutral , according to the research report released to the investors. Earlier the firm had a rating of Buy on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

Hexcel Corp. is up 4.07% in the last 3-month period. Year-to-Date the stock performance stands at 12.89%.

Hexcel Corporation (NYSE:HXL) has lost 1.25% during the past week and dropped 1.67% in the last 4 weeks. The shares have underperformed the S&P 500 by 0.43% during the past week but Hexcel Corporation (NYSE:HXL) has outperformed the index in 4 weeks by 0.62%.

Hexcel Corporation (NYSE:HXL) : On Thursday heightened volatility was witnessed in Hexcel Corporation (NYSE:HXL) which led to swings in the share price. The shares opened for trading at $46.3 and hit $46.69 on the upside , eventually ending the session at $46.45, with a gain of 0.04% or 0.02 points. The heightened volatility saw the trading volume jump to 368,959 shares. The 52-week high of the share price is $54.72 and the company has a market cap of $4,389 million. The 52-week low of the share price is at $39.8 .

Currently the company Insiders own 1.7% of Hexcel Corporation shares according to the proxy statements. Institutional Investors own 96.89% of Hexcel Corporation shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Macintyre Michael J, officer (Treasurer) of Hexcel Corp /De/, unloaded 1,000 shares at an average price of $47.19 on December 1, 2015. The total amount of the transaction was worth $47,190, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Hexcel Corporation (Hexcel) is a composites company. The Company develops, manufactures and markets composites, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, for use in Commercial Aerospace, Space and Defense, and Industrial Applications. Its products are used in a variety of end applications, such as commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, automotive, bikes, skis and a variety of other industrial applications. Hexcel has two segments: Composite Materials and Engineered Products. The Composite Materials consists of carbon fiber, reinforcements for composites, honeycomb core and matrix product lines. The Engineered Products consists of composite structures and specially machined honeycomb product lines.