Adecco Group AG (OTCMKTS:AHEXY) Short Interest Update

Adecco Group AG (OTCMKTS:AHEXY) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 16,300 shares, a growth of 101.2% from the January 15th total of 8,100 shares. Based on an average trading volume of 301,300 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

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

Adecco Group Trading Down 2.3 %

Shares of AHEXY stock opened at $11.80 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.78. Adecco Group has a fifty-two week low of $11.08 and a fifty-two week high of $21.23. The firm’s 50 day moving average price is $12.22 and its two-hundred day moving average price is $14.50. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 12.29, a price-to-earnings-growth ratio of 2.14 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.