ADECCO GRP AG/ADR (OTCMKTS:AHEXY) Stock Passes Above Fifty Day Moving Average of $28.66

ADECCO GRP AG/ADR (OTCMKTS:AHEXY)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $28.66 and traded as high as $30.74. ADECCO GRP AG/ADR shares last traded at $30.72, with a volume of 547,773 shares changing hands.

A number of research analysts recently issued reports on the stock. Credit Suisse Group upgraded shares of ADECCO GRP AG/ADR from a “neutral” rating to an “outperform” rating in a research note on Tuesday, September 3rd. ValuEngine lowered shares of ADECCO GRP AG/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Finally, Zacks Investment Research upgraded shares of ADECCO GRP AG/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, September 12th. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. ADECCO GRP AG/ADR has an average rating of “Hold”.

The business’s 50 day moving average is $28.87 and its 200-day moving average is $28.02. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market capitalization of $10.17 billion, a price-to-earnings ratio of 12.91, a price-to-earnings-growth ratio of -3.21 and a beta of 0.96.

ADECCO GRP AG/ADR Company Profile (OTCMKTS:AHEXY)

Adecco Group AG, together with its subsidiaries, provides workforce solutions to businesses and organizations worldwide. The company provides temporary staffing, permanent placement, and outsourcing services for clerical and support personnel in the areas of office-based employment; and candidates for blue collar job profiles across various industrial and service sectors under the Adecco brand names, as well as recruitment on demand and online staffing platform for hospitality and events under Adia brand name.

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