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Henkel AG & Co. (OTCMKTS:HENKY) Shares Down 0.3% - Should You Sell?

Henkel AG & Co. logo with Consumer Staples background

Key Points

  • Henkel AG & Co. shares experienced a slight decline of 0.3%, trading between $17.95 and $18.05, with a significant drop in trading volume compared to its average.
  • Barclays upgraded the stock's rating from "hold" to "strong-buy", indicating a more favorable outlook for investors.
  • The company operates in multiple sectors including adhesive technologies and consumer brands, which are essential for various industries including packaging and construction.
  • MarketBeat previews the top five stocks to own by October 1st.

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report)'s stock price dropped 0.3% during trading on Wednesday . The stock traded as low as $17.95 and last traded at $18.05. Approximately 37,671 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 103,715 shares. The stock had previously closed at $18.11.

Analyst Ratings Changes

Separately, Barclays raised shares of Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 15th.

View Our Latest Analysis on HENKY

Henkel AG & Co. Stock Down 0.6%

The company's 50-day moving average price is $18.13 and its 200-day moving average price is $18.31. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 0.09.

Henkel AG & Co. Company Profile

(Get Free Report)

Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.

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