Short Interest in Adecco Group AG (OTCMKTS:AHEXY) Declines By 63.9%

Adecco Group AG (OTCMKTS:AHEXY) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 6,000 shares, a decrease of 63.9% from the August 15th total of 16,600 shares. Based on an average daily volume of 60,300 shares, the short-interest ratio is currently 0.1 days.

Adecco Group Trading Up 1.2 %

Shares of OTCMKTS AHEXY opened at $15.93 on Friday. The stock has a market cap of $5.37 billion, a P/E ratio of 15.93, a price-to-earnings-growth ratio of 0.82 and a beta of 1.44. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.00 and a quick ratio of 1.00. Adecco Group has a 1 year low of $15.58 and a 1 year high of $24.70. The firm has a 50-day moving average of $16.65 and a 200 day moving average of $17.98.

Adecco Group (OTCMKTS:AHEXY) last released its earnings results on Tuesday, August 6th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. The firm had revenue of $6.29 billion during the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 13.25%. As a group, sell-side analysts expect that Adecco Group will post 1.51 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Barclays raised Adecco Group to a “strong-buy” rating in a research report on Wednesday, June 26th.

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.