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Adecco Group (OTCMKTS:AHEXY) Sets New 52-Week Low - What's Next?

Adecco Group logo with Business Services background

Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as $12.03 and last traded at $12.04, with a volume of 211542 shares changing hands. The stock had previously closed at $12.63.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AHEXY shares. Royal Bank of Canada raised Adecco Group from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft raised shares of Adecco Group from a "hold" rating to a "buy" rating in a research 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 on the stock. Finally, BNP Paribas raised shares of Adecco Group to a "hold" rating in a research note on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy".

Read Our Latest Research Report on Adecco Group

Adecco Group Price Performance

The stock has a market capitalization of $4.03 billion, a P/E ratio of 12.45, a price-to-earnings-growth ratio of 1.38 and a beta of 1.38. The business has a fifty day simple moving average of $14.35 and a 200 day simple moving average of $15.99. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.78.

About Adecco Group

(Get Free Report)

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.

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