ADECCO GRP AG/ADR (OTCMKTS:AHEXY) Hits New 52-Week High at $31.56

ADECCO GRP AG/ADR (OTCMKTS:AHEXY) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $31.56 and last traded at $31.42, with a volume of 16177 shares. The stock had previously closed at $31.20.

Several equities analysts recently issued reports on the company. Credit Suisse Group upgraded ADECCO GRP AG/ADR from a “neutral” rating to an “outperform” rating in a research report on Tuesday, September 3rd. Zacks Investment Research raised ADECCO GRP AG/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, September 12th. Finally, ValuEngine downgraded ADECCO GRP AG/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold”.

The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market capitalization of $10.39 billion, a PE ratio of 13.20 and a beta of 0.96. The business’s 50-day moving average is $30.47 and its two-hundred day moving average is $28.38.

ADECCO GRP AG/ADR Company Profile (OTCMKTS:AHEXY)

Adecco Group AG, together with its subsidiaries, provides workforce solutions to businesses and organizations worldwide. The company provides temporary staffing, permanent placement, and outsourcing services for clerical and support personnel in the areas of office-based employment; and candidates for blue collar job profiles across various industrial and service sectors under the Adecco brand names, as well as recruitment on demand and online staffing platform for hospitality and events under Adia brand name.

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