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

Adecco Group AG (OTCMKTS:AHEXY)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $15.50 and traded as low as $12.18. Adecco Group shares last traded at $12.24, with a volume of 147,362 shares.

Analyst Upgrades and Downgrades

AHEXY has been the subject of a number of recent research reports. Royal Bank of Canada upgraded shares of Adecco Group from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, November 6th. BNP Paribas raised shares of Adecco Group to a “hold” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. started coverage on Adecco Group in a research report on Thursday, December 5th. They issued an “underweight” rating for the company. Finally, Deutsche Bank Aktiengesellschaft upgraded Adecco Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Adecco Group has a consensus rating of “Moderate Buy”.

Adecco Group Price Performance

The company has a debt-to-equity ratio of 0.78, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 1.38 and a beta of 1.38. The stock has a 50 day moving average price of $13.38 and a two-hundred day moving average price of $15.50.

About Adecco Group

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.