Adecco Group AG (OTCMKTS:AHEXY) Short Interest Down 73.4% in November

Adecco Group AG (OTCMKTS:AHEXY) was the recipient of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 14,300 shares, a decrease of 73.4% from the November 15th total of 53,700 shares. Based on an average daily trading volume, of 249,600 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AHEXY. Deutsche Bank Aktiengesellschaft upgraded Adecco Group from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. BNP Paribas upgraded shares of Adecco Group to a “hold” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. began coverage on shares of Adecco Group in a research report on Thursday, December 5th. They set an “underweight” rating for the company. Finally, Royal Bank of Canada raised Adecco Group from a “hold” rating to a “moderate buy” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Adecco Group currently has an average rating of “Moderate Buy”.

Adecco Group Stock Performance

OTCMKTS AHEXY opened at $12.82 on Friday. The company has a fifty day moving average of $14.65 and a two-hundred day moving average of $16.19. The company has a market capitalization of $4.32 billion, a PE ratio of 13.35, a P/E/G ratio of 1.38 and a beta of 1.38. Adecco Group has a 1 year low of $12.76 and a 1 year high of $24.70. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.01 and a quick ratio of 1.01.

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.