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

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.

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report)'s share price was down 0.3% during mid-day trading on Wednesday . The company traded as low as $17.95 and last traded at $18.05. Approximately 37,671 shares changed 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 Upgrades and Downgrades

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

Henkel AG & Co. Stock Performance

The company has a 50-day moving average price of $18.12 and a two-hundred day moving average price of $18.32. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 0.09.

About Henkel AG & Co.

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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