Ausenco Limited Stock Rating Lowered by Deutsche Bank (AAX)
Ausenco Limited (ASX:AAX) was downgraded by stock analysts at Deutsche Bank to a “hold” rating in a report issued on Friday, AnalystRatings.NET reports.
Shares of Ausenco Limited (ASX:AAX) traded down 4.29% on Friday, hitting A$0.670. The stock had a trading volume of 518,845 shares. Ausenco Limited has a one year low of A$0.570 and a one year high of A$4.080. The stock’s 50-day moving average is A$0.67 and its 200-day moving average is A$1.40. The company has a market cap of A$83.5 million and a price-to-earnings ratio of 3.61.
Ausenco Limited is an Australia-based company. The Company is engaged in the provision of engineering design, project management, process controls and operations solutions to energy, environment and sustainability, minerals and metals, process infrastructure and program management.
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