Adecco SA (OTCMKTS:AHEXY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.02 and traded as high as $14.4440. Adecco shares last traded at $14.4440, with a volume of 6,670 shares changing hands.
Analyst Upgrades and Downgrades
AHEXY has been the subject of a number of research analyst reports. Morgan Stanley reaffirmed an "underweight" rating on shares of Adecco in a research report on Monday, August 10th. UBS Group cut Adecco from a "hold" rating to a "sell" rating in a report on Monday, May 18th. BNP Paribas Exane upgraded Adecco from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 17th. Finally, Zacks Research raised Adecco from a "strong sell" rating to a "hold" rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Adecco currently has a consensus rating of "Hold".
Check Out Our Latest Stock Report on AHEXY
Adecco Stock Down 1.1%
The company's 50 day moving average price is $12.92 and its two-hundred day moving average price is $12.02. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.73. The stock has a market cap of $5.02 billion, a P/E ratio of 14.30, a PEG ratio of 1.24 and a beta of 0.96.
Adecco (OTCMKTS:AHEXY - Get Free Report) last announced its earnings results on Thursday, August 6th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.05. Adecco had a net margin of 1.25% and a return on equity of 12.78%. The company had revenue of $6.93 billion during the quarter, compared to analyst estimates of $6.83 billion. Equities analysts forecast that Adecco SA will post 1.41 earnings per share for the current year.
Adecco Company Profile
(
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Adecco Group AG is a global human resources and workforce solutions provider headquartered in Zurich, Switzerland. The company specializes in temporary staffing, permanent placement, career transition, and talent development services. Its core business activities include matching job seekers with client companies, managing contingent workforce solutions, and offering consulting services related to workforce management and organizational effectiveness.
Founded in 1996 through the merger of the Swiss companies Adia Interim and ECCO, Adecco has grown into one of the world's largest staffing firms.
Further Reading
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