ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Stock Passes Below 50-Day Moving Average - Should You Sell?

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.37 and traded as low as $14.84. ASSA ABLOY AB (publ) shares last traded at $14.91, with a volume of 119,120 shares traded.

ASSA ABLOY AB (publ) Stock Up 0.7 %

The stock's fifty day simple moving average is $15.36 and its two-hundred day simple moving average is $15.43. The company has a market capitalization of $33.24 billion, a price-to-earnings ratio of 24.10, a P/E/G ratio of 1.65 and a beta of 1.14. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) last released its earnings results on Wednesday, February 5th. The industrial products company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%. On average, sell-side analysts anticipate that ASSA ABLOY AB will post 0.69 EPS for the current year.

ASSA ABLOY AB (publ) Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, April 25th will be paid a dividend of $0.1387 per share. The ex-dividend date is Friday, April 25th. This is a positive change from ASSA ABLOY AB (publ)'s previous dividend of $0.13. ASSA ABLOY AB (publ)'s dividend payout ratio (DPR) is currently 23.88%.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.