Adecco Group (OTCMKTS:AHEXY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
According to Zacks, “Adecco Group offers a wide variety of services that connects colleagues with clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, outsourcing, consulting and outplacement. It also provides services in various business lines such as information technology, finance and legal, engineering and technical, medical and science, human capital solutions, sales, marketing and events. Adecco S.A. is headquartered in Glattbrugg, Switzerland. “
Adecco Group (OTCMKTS:AHEXY) traded down $0.41 during midday trading on Wednesday, reaching $40.22. The company’s stock had a trading volume of 12,257 shares, compared to its average volume of 12,518. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.39. The firm has a market cap of $13,908.14, a P/E ratio of 17.49, a PEG ratio of 2.18 and a beta of 1.02. Adecco Group has a 12-month low of $34.25 and a 12-month high of $42.19.
About Adecco Group
Adecco Group AG, together with its subsidiaries, provides workforce solutions to businesses and organizations worldwide. The company provides temporary staffing, permanent placement, and outsourcing services for clerical and support personnel in the areas of office-based employment; and candidates for blue collar job profiles across various industrial sectors under the Adecco brand.
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