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

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

Wall Street Analysts Forecast Growth

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

Adecco Group Stock Down 0.1 %

The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.78. The stock has a 50-day simple moving average of $14.65 and a 200-day simple moving average of $16.19. The company has a market cap 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.

About Adecco Group

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.