Adecco Group (AHEXY) Downgraded by Zacks Investment Research to “Hold”

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 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 (AHEXY) traded up $1.00 during midday trading on Wednesday, hitting $39.37. The stock had a trading volume of 10,977 shares, compared to its average volume of 13,371. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.39. The company has a market cap of $13,161.90, a P/E ratio of 17.12, a P/E/G ratio of 2.07 and a beta of 1.02. Adecco Group has a 52-week low of $34.25 and a 52-week high of $42.19.

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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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