Henkel AG & Co. (OTCMKTS:HENKY) Downgraded to Hold Rating by Barclays

Henkel AG & Co. (OTCMKTS:HENKY) was downgraded by equities research analysts at Barclays from a “strong-buy” rating to a “hold” rating in a report issued on Friday,Zacks.com reports.

Henkel AG & Co. Stock Performance

HENKY stock opened at $19.99 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.21 and a quick ratio of 0.91. The company’s 50-day moving average price is $19.13 and its 200 day moving average price is $18.95. Henkel AG & Co. has a 52 week low of $16.54 and a 52 week high of $21.34.

About Henkel AG & Co.

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.