Adecco Group AG (OTCMKTS:AHEXY) Short Interest Update

Adecco Group AG (OTCMKTS:AHEXY) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 6,500 shares, a drop of 15.6% from the February 28th total of 7,700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 70,200 shares, the days-to-cover ratio is presently 0.1 days.

Adecco Group Stock Down 3.0 %

AHEXY stock opened at $14.96 on Tuesday. Adecco Group has a one year low of $11.08 and a one year high of $20.21. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01. The firm’s fifty day moving average is $13.58 and its 200 day moving average is $13.98. The firm has a market cap of $5.04 billion, a PE ratio of 15.58, a P/E/G ratio of 3.66 and a beta of 1.38.

Adecco Group (OTCMKTS:AHEXY) last posted its earnings results on Wednesday, February 26th. The business services provider reported $0.34 EPS for the quarter. The firm had revenue of $6.27 billion for the quarter. Adecco Group had a return on equity of 12.71% and a net margin of 1.28%. On average, research analysts forecast that Adecco Group will post 1.32 EPS for the current year.

Wall Street Analysts Forecast Growth

AHEXY has been the topic of a number of research analyst reports. BNP Paribas upgraded Adecco Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 14th. JPMorgan Chase & Co. began coverage on Adecco Group in a report on Thursday, December 5th. They issued an “underweight” rating on the stock. One investment analyst has rated the stock with a sell rating, one has given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Adecco Group presently has a consensus rating of “Buy”.

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.