Adecco Group (OTCMKTS:AHEXY) Hits New 1-Year Low at $16.01

Shares of Adecco Group AG (OTCMKTS:AHEXY) reached a new 52-week low on Tuesday . The company traded as low as $16.01 and last traded at $16.04, with a volume of 51835 shares. The stock had previously closed at $16.76.

Wall Street Analyst Weigh In

Separately, Barclays raised shares of Adecco Group to a “strong-buy” rating in a report on Wednesday, June 26th.

Adecco Group Trading Up 1.7 %

The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The business’s fifty day simple moving average is $18.16 and its two-hundred day simple moving average is $19.67. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 0.72 and a beta of 1.44.

Adecco Group (OTCMKTS:AHEXY) last announced its earnings results on Tuesday, May 7th. The business services provider reported $0.32 EPS for the quarter. The business had revenue of $6.21 billion for the quarter. Adecco Group had a net margin of 1.29% and a return on equity of 13.24%. On average, equities analysts predict that Adecco Group AG will post 1.66 EPS for the current year.

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.