ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Posts Earnings Results, Misses Expectations By $0.02 EPS

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) released its earnings results on Wednesday. The industrial products company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02), Zacks reports. ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%.

ASSA ABLOY AB (publ) Stock Down 0.1 %

ASAZY opened at $15.12 on Thursday. The stock has a market capitalization of $33.64 billion, a price-to-earnings ratio of 24.39, a price-to-earnings-growth ratio of 1.65 and a beta of 1.11. ASSA ABLOY AB has a 12 month low of $13.18 and a 12 month high of $17.03. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.13 and a quick ratio of 0.70. The business has a 50-day moving average of $15.02 and a two-hundred day moving average of $15.35.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.