ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Reaches New 12-Month High at $15.42

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $15.42 and last traded at $15.30, with a volume of 59798 shares trading hands. The stock had previously closed at $15.31.

ASSA ABLOY AB (publ) Stock Performance

The stock has a market capitalization of $34.04 billion, a PE ratio of 24.69, a price-to-earnings-growth ratio of 1.49 and a beta of 1.12. The company has a quick ratio of 0.70, a current ratio of 1.13 and a debt-to-equity ratio of 0.52. The stock has a fifty day moving average of $14.45 and a 200-day moving average of $14.31.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its earnings results on Wednesday, July 17th. The industrial products company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.03). The firm had revenue of $3.55 billion during the quarter. ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%. Equities analysts anticipate that ASSA ABLOY AB will post 0.68 earnings per share for the current fiscal year.

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.