Adecco Group (OTCMKTS:AHEXY) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Adecco Group AG (OTCMKTS:AHEXYGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.00 and traded as low as $11.60. Adecco Group shares last traded at $11.68, with a volume of 262,656 shares changing hands.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on Adecco Group

Adecco Group Price Performance

The company has a market capitalization of $3.93 billion, a P/E ratio of 12.17, a PEG ratio of 1.63 and a beta of 1.39. The stock’s fifty day simple moving average is $12.58 and its 200-day simple moving average is $15.00. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.01 and a quick ratio of 1.01.

Adecco Group (OTCMKTS:AHEXYGet Free Report) last released its earnings results on Tuesday, November 5th. The business services provider reported $0.37 earnings per share (EPS) for the quarter. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%. The firm had revenue of $6.27 billion for the quarter. On average, equities analysts forecast that Adecco Group AG will post 1.34 earnings per share for the current fiscal year.

Adecco Group Company Profile

(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.

Featured Stories

Receive News & Ratings for Adecco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adecco Group and related companies with MarketBeat.com's FREE daily email newsletter.