Assa Abloy (OTC:ASAZY) Reaches New 52-Week Low - Here's Why

Assa Abloy AB (OTC:ASAZY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $12.80 and last traded at $12.98, with a volume of 602537 shares. The stock had previously closed at $13.44.

Assa Abloy Price Performance

The company has a quick ratio of 0.69, a current ratio of 1.10 and a debt-to-equity ratio of 0.51. The stock's 50 day moving average price is $15.08 and its two-hundred day moving average price is $15.26. The firm has a market capitalization of $31.59 billion, a price-to-earnings ratio of 21.19, a P/E/G ratio of 1.38 and a beta of 1.09.

Assa Abloy Company Profile

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.