Adecco Group (OTCMKTS:AHEXY) Hits New 1-Year Low – Here’s Why

Adecco Group AG (OTCMKTS:AHEXY) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $13.09 and last traded at $13.21, with a volume of 92711 shares traded. The stock had previously closed at $13.31.

Analyst Ratings Changes

Several equities analysts recently commented on AHEXY shares. Deutsche Bank Aktiengesellschaft upgraded Adecco Group from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. BNP Paribas raised shares of Adecco Group to a “hold” rating in a research report on Tuesday, November 12th. Finally, Royal Bank of Canada upgraded Adecco Group from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, November 6th.

Adecco Group Stock Performance

The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 13.86, a price-to-earnings-growth ratio of 1.37 and a beta of 1.44. The stock has a 50-day simple moving average of $15.72 and a 200-day simple moving average of $16.86. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.77.

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.