Deutsche Bank Downgrades Ausenco Limited to Hold (AAX)
Ausenco Limited (ASX:AAX) was downgraded by equities research analysts at Deutsche Bank to a “hold” rating in a research note issued to investors on Sunday, American Banking & Market News reports.
Ausenco Limited (ASX:AAX) opened at 0.680 on Friday. 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$0.65 and its 200-day moving average is A$1.36. The company has a market cap of A$84.7 million and a P/E ratio of 3.56.
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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