Adecco Group (OTCMKTS:AHEXY) Sets New 1-Year Low – Here’s What Happened

Adecco Group AG (OTCMKTS:AHEXY)’s share price hit a new 52-week low on Friday . The stock traded as low as $12.72 and last traded at $12.80, with a volume of 210221 shares trading hands. The stock had previously closed at $12.82.

Wall Street Analysts Forecast Growth

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

Adecco Group Stock Down 0.1 %

The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 9.43, a price-to-earnings-growth ratio of 1.38 and a beta of 1.38. 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 business has a 50-day moving average price of $14.65 and a 200-day moving average price of $16.19.

Adecco Group Company Profile

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.