ABB (NYSE:ABBNY - Get Free Report) was upgraded by research analysts at Dnb Nor Markets from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Tuesday, April 1st,Zacks.com reports.
Separately, Sanford C. Bernstein lowered ABB from a "market perform" rating to an "underperform" rating in a research report on Monday, January 6th.
Check Out Our Latest Report on ABB
ABB Trading Down 0.5 %
Shares of NYSE ABBNY traded down $0.26 during midday trading on Tuesday, hitting $46.58. The stock had a trading volume of 388,764 shares, compared to its average volume of 238,456. The company has a fifty day moving average price of $54.51 and a 200 day moving average price of $55.78. ABB has a 1-year low of $45.13 and a 1-year high of $59.67. The company has a quick ratio of 0.99, a current ratio of 1.37 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $86.66 billion, a price-to-earnings ratio of 21.97, a PEG ratio of 2.48 and a beta of 1.11.
About ABB
(
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ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.
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