Adecco Group AG (OTCMKTS:AHEXY) Short Interest Down 84.5% in January

Adecco Group AG (OTCMKTS:AHEXY) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 8,100 shares, a decline of 84.5% from the December 31st total of 52,400 shares. Based on an average daily volume of 440,600 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Several equities research analysts recently commented on AHEXY shares. BNP Paribas upgraded shares of Adecco Group to a “hold” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. started coverage on shares of Adecco Group in a research note on Thursday, December 5th. They set an “underweight” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Adecco Group from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Finally, Royal Bank of Canada upgraded shares of Adecco Group from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Adecco Group Stock Performance

OTCMKTS AHEXY traded up $0.10 during trading on Thursday, reaching $12.24. The company’s stock had a trading volume of 72,795 shares, compared to its average volume of 184,074. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $4.12 billion, a price-to-earnings ratio of 12.75, a P/E/G ratio of 1.62 and a beta of 1.39. Adecco Group has a twelve month low of $11.08 and a twelve month high of $21.85. The business’s fifty day moving average price is $12.45 and its 200-day moving average price is $14.84.

Adecco Group (OTCMKTS:AHEXY) last issued its quarterly earnings results on Tuesday, November 5th. The business services provider reported $0.37 earnings per share (EPS) for the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%. The business had revenue of $6.27 billion for the quarter. As a group, analysts anticipate that Adecco Group will post 1.34 EPS for the current fiscal year.

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.