Assa Abloy (OTC:ASAZY) Trading Down 0.9% – Here’s Why

Assa Abloy AB (OTC:ASAZYGet Free Report) shares were down 0.9% during trading on Tuesday . The stock traded as low as $14.75 and last traded at $14.84. Approximately 309,262 shares changed hands during trading, an increase of 134% from the average daily volume of 132,363 shares. The stock had previously closed at $14.98.

Assa Abloy Trading Down 4.2 %

The company has a market capitalization of $31.84 billion, a price-to-earnings ratio of 21.36, a P/E/G ratio of 1.38 and a beta of 1.14. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.10 and a quick ratio of 0.69. The business’s 50-day moving average price is $15.34 and its two-hundred day moving average price is $15.42.

Assa Abloy Company Profile

(Get Free Report)

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.

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