Adecco Group (OTCMKTS:AHEXY) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Adecco Group AG (OTCMKTS:AHEXY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.01 and traded as high as $15.61. Adecco Group shares last traded at $15.42, with a volume of 26,780 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AHEXY shares. BNP Paribas raised 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 research analyst has rated the stock with a sell rating, one has issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Adecco Group Trading Down 0.3 %

The stock has a market cap of $5.19 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 3.66 and a beta of 1.38. The business has a fifty day simple moving average of $13.52 and a 200 day simple moving average of $14.01. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01.

Adecco Group (OTCMKTS:AHEXY) last released its quarterly earnings results on Wednesday, February 26th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. The company had revenue of $6.27 billion for the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%. As a group, equities analysts anticipate that Adecco Group AG will post 1.32 EPS for the current year.

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.