Adecco Group AG (OTCMKTS:AHEXY) Short Interest Update

Adecco Group AG (OTCMKTS:AHEXY) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 13,800 shares, a growth of 142.1% from the September 15th total of 5,700 shares. Based on an average daily volume of 52,800 shares, the short-interest ratio is currently 0.3 days.

Adecco Group Stock Up 0.2 %

Adecco Group stock opened at $16.48 on Friday. Adecco Group has a twelve month low of $15.58 and a twelve month high of $24.70. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.77. The company has a 50 day moving average of $16.49 and a 200-day moving average of $17.47. The stock has a market capitalization of $5.55 billion, a PE ratio of 16.82, a price-to-earnings-growth ratio of 1.19 and a beta of 1.44.

Adecco Group (OTCMKTS:AHEXY) last announced its earnings results on Tuesday, August 6th. The business services provider reported $0.34 earnings per share for the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 13.25%. The firm had revenue of $6.29 billion during the quarter. On average, equities research analysts anticipate that Adecco Group will post 1.47 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Barclays upgraded Adecco Group to a “strong-buy” rating in a research report on Wednesday, June 26th.

Adecco Group Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.