Adecco Group (OTCMKTS:AHEXY) Share Price Crosses Below Two Hundred Day Moving Average of $17.65

Shares of Adecco Group AG (OTCMKTS:AHEXY) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.65 and traded as low as $16.92. Adecco Group shares last traded at $16.99, with a volume of 13,430 shares traded.

Analyst Ratings Changes

Separately, Barclays raised Adecco Group to a “strong-buy” rating in a research note on Wednesday, June 26th.

Adecco Group Trading Down 2.1 %

The company has a market capitalization of $5.72 billion, a P/E ratio of 16.99, a price-to-earnings-growth ratio of 0.86 and a beta of 1.44. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a fifty day moving average price of $16.56 and a 200-day moving average price of $17.65.

Adecco Group (OTCMKTS:AHEXY) last announced its quarterly earnings data on Tuesday, August 6th. The business services provider reported $0.34 earnings per share for the quarter. The company had revenue of $6.29 billion during the quarter. Adecco Group had a return on equity of 13.25% and a net margin of 1.28%. On average, equities research analysts anticipate that Adecco Group AG will post 1.51 earnings per share for the current year.

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.