Adecco Group (OTCMKTS:AHEXY) Shares Cross Below 200 Day Moving Average – Should You Sell?

Adecco Group AG (OTCMKTS:AHEXY)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.73 and traded as low as $12.20. Adecco Group shares last traded at $12.40, with a volume of 228,578 shares.

Analyst Ratings Changes

AHEXY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Adecco Group from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. BNP Paribas raised Adecco Group to a “hold” rating in a research report on Tuesday, November 12th. JPMorgan Chase & Co. initiated coverage on Adecco Group in a research note on Thursday, December 5th. They set an “underweight” rating on the stock. Finally, Royal Bank of Canada upgraded shares of Adecco Group from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, November 6th. One 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Adecco Group Stock Up 0.3 %

The business’s 50 day simple moving average is $13.85 and its 200 day simple moving average is $15.73. 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 company has a market capitalization of $4.18 billion, a PE ratio of 12.92, a P/E/G ratio of 1.38 and a beta of 1.38.

Adecco Group Company Profile

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.