Adecco Group (OTCMKTS:AHEXY) Hits New 12-Month Low – What’s Next?

by · The Markets Daily

Adecco Group AG (OTCMKTS:AHEXY – Get Free Report) shares hit a new 52-week low on Thursday . The stock traded as low as $12.03 and last traded at $12.04, with a volume of 211542 shares. The stock had previously closed at $12.63.

Analyst Ratings Changes

A number of equities analysts have weighed in on AHEXY shares. Deutsche Bank Aktiengesellschaft upgraded shares of Adecco Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. began coverage on shares of Adecco Group in a research note on Thursday, December 5th. They issued an “underweight” rating for the company. BNP Paribas raised shares of Adecco Group to a “hold” rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada raised Adecco Group from a “hold” rating to a “moderate buy” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Adecco Group currently has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on AHEXY

Adecco Group Stock Performance

The company has a 50-day moving average price of $14.26 and a two-hundred day moving average price of $15.96. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $4.10 billion, a P/E ratio of 12.67, a PEG ratio of 1.38 and a beta of 1.38.

Adecco Group Company Profile

(Get Free Report)

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.

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