Adecco Group (OTCMKTS:AHEXY) Sets New 12-Month Low – Should You Sell?

Adecco Group AG (OTCMKTS:AHEXY) hit a new 52-week low on Thursday . The stock traded as low as $12.03 and last traded at $12.04, with a volume of 211542 shares traded. The stock had previously closed at $12.63.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. BNP Paribas upgraded Adecco Group to a “hold” rating in a research report on Tuesday, November 12th. Royal Bank of Canada raised shares of Adecco Group from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. assumed coverage on shares of Adecco Group in a research report on Thursday, December 5th. They issued an “underweight” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft upgraded Adecco Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Adecco Group presently has an average rating of “Moderate Buy”.

Adecco Group Stock Down 4.7 %

The business’s fifty day moving average price is $14.44 and its two-hundred day moving average price is $16.02. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $4.06 billion, a PE ratio of 12.54, a price-to-earnings-growth ratio of 1.38 and a beta of 1.38.

About Adecco Group

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.