Adecco Group (OTCMKTS:AHEXY) Hits New 12-Month Low – What’s Next?

Adecco Group AG (OTCMKTS:AHEXY) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $13.52 and last traded at $13.62, with a volume of 172920 shares traded. The stock had previously closed at $14.11.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on AHEXY shares. Deutsche Bank Aktiengesellschaft upgraded Adecco Group from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Royal Bank of Canada raised Adecco Group from a “hold” rating to a “moderate buy” rating in a report on Wednesday, November 6th.

Adecco Group Stock Down 3.5 %

The company has a market cap of $4.59 billion, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 1.37 and a beta of 1.44. The firm’s 50 day simple moving average is $16.08 and its 200 day simple moving average is $17.04. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.77.

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.