Barclays downgraded shares of Henkel AG & Co. (OTCMKTS:HENKY – Free Report) from a strong-buy rating to a hold rating in a research report report published on Friday,Zacks.com reports.
Henkel AG & Co. Stock Up 0.3%
HENKY stock opened at $19.99 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.91 and a current ratio of 1.21. Henkel AG & Co. has a 1 year low of $16.54 and a 1 year high of $21.34. The stock’s fifty day moving average price is $19.13 and its 200-day moving average price is $18.96.
Henkel AG & Co. Company Profile
Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.
The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.
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