Adecco Group AG (OTCMKTS:AHEXY) Sees Large Growth in Short Interest

Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 16,300 shares, a growth of 101.2% from the January 15th total of 8,100 shares. Based on an average trading volume of 301,300 shares, the short-interest ratio is currently 0.1 days.

Adecco Group Price Performance

OTCMKTS:AHEXY traded up $0.06 during trading hours on Friday, reaching $12.19. 42,263 shares of the company were exchanged, compared to its average volume of 161,096. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.78. The stock's 50-day moving average is $12.17 and its 200-day moving average is $14.41. The firm has a market cap of $4.10 billion, a PE ratio of 12.69, a price-to-earnings-growth ratio of 2.14 and a beta of 1.38. Adecco Group has a twelve month low of $11.08 and a twelve month high of $21.23.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on AHEXY shares. Deutsche Bank Aktiengesellschaft raised shares of Adecco Group from a "hold" rating to a "buy" rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. began coverage on shares of Adecco Group in a research note on Thursday, December 5th. They issued an "underweight" rating for the company. Royal Bank of Canada upgraded shares of Adecco Group from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, November 6th. Finally, BNP Paribas upgraded shares of Adecco Group to a "hold" rating in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Adecco Group has an average rating of "Moderate Buy".

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Adecco Group Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.