Adecco Group (AHEXY) Stock Rating Lowered by Zacks Investment Research

Adecco Group (OTCMKTS:AHEXY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.

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 (AHEXY) traded up $0.02 during trading on Tuesday, hitting $40.14. 14,380 shares of the stock traded hands, compared to its average volume of 15,081. The company has a market capitalization of $13,820.85, a P/E ratio of 16.45, a PEG ratio of 2.24 and a beta of 1.03. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.39. Adecco Group has a 1 year low of $33.94 and a 1 year high of $40.43.

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Adecco Group Company Profile

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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