ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Posted by Stacy Sanders on Mar 30th, 2025

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY – Get Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.37 and traded as low as $14.84. ASSA ABLOY AB (publ) shares last traded at $14.91, with a volume of 119,120 shares traded.

ASSA ABLOY AB (publ) Stock Up 0.6 %

The company has a market cap of $33.17 billion, a price-to-earnings ratio of 24.05, a PEG ratio of 1.65 and a beta of 1.14. The business has a fifty day moving average of $15.37 and a two-hundred day moving average of $15.44. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY – Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%. As a group, equities analysts anticipate that ASSA ABLOY AB will post 0.69 EPS for the current fiscal year.

ASSA ABLOY AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 15th. Investors of record on Friday, April 25th will be given a $0.1387 dividend. This is a positive change from ASSA ABLOY AB (publ)’s previous dividend of $0.13. The ex-dividend date of this dividend is Friday, April 25th. ASSA ABLOY AB (publ)’s dividend payout ratio is presently 23.88%.

About ASSA ABLOY AB (publ)

(Get Free Report)

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.