ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Stock Passes Below 50 Day Moving Average – Time to Sell?

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $15.26 and traded as low as $15.22. ASSA ABLOY AB (publ) shares last traded at $15.38, with a volume of 92,830 shares trading hands.

ASSA ABLOY AB (publ) Trading Up 0.6 %

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 fifty day moving average of $15.27 and a 200-day moving average of $15.48. The stock has a market capitalization of $34.45 billion, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 1.65 and a beta of 1.14.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%. On average, equities analysts anticipate that ASSA ABLOY AB will post 0.69 earnings per share for the current fiscal year.

ASSA ABLOY AB (publ) Company Profile

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.