ABB Ltd (NYSE:ABBNY - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 560,885 shares traded hands during trading, an increase of 159% from the previous session's volume of 216,261 shares.The stock last traded at $55.35 and had previously closed at $55.05.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein lowered ABB from a "market perform" rating to an "underperform" rating in a report on Monday, January 6th.
Check Out Our Latest Analysis on ABBNY
ABB Trading Down 3.9 %
The company has a market capitalization of $101.42 billion, a PE ratio of 25.71, a PEG ratio of 2.48 and a beta of 1.16. The stock has a fifty day moving average of $55.33 and a two-hundred day moving average of $56.18. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44.
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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