ABB Ltd (NYSE:ABBNY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $54.87 and traded as high as $57.14. ABB shares last traded at $57.00, with a volume of 169,102 shares.
Analyst Ratings Changes
ABBNY has been the topic of a number of analyst reports. Dnb Nor Markets upgraded shares of ABB from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 1st. Cfra Research downgraded shares of ABB from a "moderate buy" rating to a "hold" rating in a research note on Monday, April 21st. Finally, Kepler Capital Markets upgraded shares of ABB from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy".
View Our Latest Stock Analysis on ABB
ABB Trading Down 1.0%
The firm's 50-day moving average is $53.11 and its 200 day moving average is $54.90. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $105.18 billion, a price-to-earnings ratio of 26.67, a P/E/G ratio of 2.48 and a beta of 1.16.
About ABB
(
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ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.
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