Adecco Group (OTCMKTS:AHEXY) Reaches New 52-Week Low – Here’s What Happened

Adecco Group AG (OTCMKTS:AHEXY)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $11.88 and last traded at $12.10, with a volume of 95699 shares trading hands. The stock had previously closed at $12.27.

Wall Street Analysts Forecast Growth

AHEXY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Adecco Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. began coverage on Adecco Group in a research note on Thursday, December 5th. They issued an “underweight” rating on the stock. BNP Paribas raised Adecco Group to a “hold” rating in a report on Tuesday, November 12th. 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 research analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Adecco Group Trading Down 1.4 %

The business’s 50-day moving average is $13.23 and its two-hundred day moving average is $15.39. The stock has a market capitalization of $4.08 billion, a PE ratio of 12.60, a PEG ratio of 1.38 and a beta of 1.39. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.78.

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.