Adecco Group (OTCMKTS:AHEXY) Reaches New 12-Month Low - What's Next?

Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $11.88 and last traded at $12.10, with a volume of 95699 shares changing hands. The stock had previously closed at $12.27.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. BNP Paribas raised shares of Adecco Group to a "hold" rating in a research note on Tuesday, November 12th. Royal Bank of Canada raised shares of Adecco Group from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, November 6th. 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, Deutsche Bank Aktiengesellschaft upgraded Adecco Group from a "hold" rating to a "buy" rating in a report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

Adecco Group Stock Down 1.4 %

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 company has a market capitalization of $4.08 billion, a price-to-earnings ratio of 12.60, a price-to-earnings-growth ratio of 1.38 and a beta of 1.39. The company has a 50-day moving average of $13.23 and a 200-day moving average of $15.39.

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.

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