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Assa Abloy (OTC:ASAZY) Trading 2.5% Higher - Still a Buy?

Assa Abloy logo with Industrials background

Assa Abloy AB (OTC:ASAZY - Get Free Report)'s share price shot up 2.5% during trading on Monday . The stock traded as high as $15.88 and last traded at $15.86. 170,004 shares were traded during trading, a decline of 4% from the average session volume of 177,495 shares. The stock had previously closed at $15.48.

Assa Abloy Trading Up 2.5 %

The stock has a market capitalization of $35.29 billion, a P/E ratio of 23.67, a price-to-earnings-growth ratio of 1.38 and a beta of 1.09. The business has a 50 day simple moving average of $14.91 and a 200-day simple moving average of $15.07. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.10.

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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