Shares of ABB Ltd (NYSE:ABBNY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 669,741 shares changed hands during trading, an increase of 191% from the previous session's volume of 230,080 shares.The stock last traded at $56.33 and had previously closed at $56.20.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein lowered ABB from a "market perform" rating to an "underperform" rating in a research report on Monday, January 6th.
View Our Latest Report on ABB
ABB Trading Down 1.9 %
The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44. The firm has a fifty day simple moving average of $55.72 and a two-hundred day simple moving average of $56.14. The firm has a market cap of $105.16 billion, a PE ratio of 26.66, a PEG ratio of 2.48 and a beta of 1.16.
ABB Company Profile
(
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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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