ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Issues Earnings Results, Misses Estimates By $0.02 EPS

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02), Zacks reports. ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%.

ASSA ABLOY AB (publ) Stock Up 2.0 %

Shares of OTCMKTS:ASAZY traded up $0.30 during trading on Wednesday, reaching $15.13. 91,821 shares of the stock traded hands, compared to its average volume of 145,206. ASSA ABLOY AB has a 52-week low of $13.18 and a 52-week high of $17.03. The stock has a market cap of $33.67 billion, a P/E ratio of 24.40, a price-to-earnings-growth ratio of 1.65 and a beta of 1.11. The stock has a 50-day moving average of $15.02 and a two-hundred day moving average of $15.35. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.