Assa Abloy (OTC:ASAZY) Stock Price Down 0.9% - Time to Sell?

Assa Abloy AB (OTC:ASAZY - Get Free Report)'s share price fell 0.9% during mid-day trading on Tuesday . The stock traded as low as $14.75 and last traded at $14.84. 309,262 shares changed hands during trading, an increase of 134% from the average session volume of 132,363 shares. The stock had previously closed at $14.98.

Assa Abloy Stock Performance

The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.10. The firm has a market cap of $29.91 billion, a P/E ratio of 20.06, a P/E/G ratio of 1.38 and a beta of 1.14. The company's 50 day moving average is $15.30 and its 200 day moving average is $15.39.

Assa Abloy 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.