Adecco SA (OTCMKTS:AHEXY) Short Interest Update

Adecco SA (OTCMKTS:AHEXY) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 9,670 shares, an increase of 56.7% from the January 15th total of 6,172 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 24,899 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 24,899 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on AHEXY shares. Zacks Research raised Adecco from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Jefferies Financial Group downgraded shares of Adecco from a “hold” rating to a “moderate sell” rating in a report on Thursday, January 8th. Finally, BNP Paribas Exane downgraded shares of Adecco from a “strong-buy” rating to a “hold” rating in a report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Adecco currently has a consensus rating of “Moderate Buy”.

Adecco Trading Up 0.7%

OTCMKTS AHEXY opened at $13.86 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 1.08 and a beta of 1.04. The business’s fifty day moving average is $14.30 and its 200-day moving average is $14.63. Adecco has a one year low of $12.03 and a one year high of $16.89.

Adecco Company Profile

Adecco Group AG is a global human resources and workforce solutions provider headquartered in Zurich, Switzerland. The company specializes in temporary staffing, permanent placement, career transition, and talent development services. Its core business activities include matching job seekers with client companies, managing contingent workforce solutions, and offering consulting services related to workforce management and organizational effectiveness.

Founded in 1996 through the merger of the Swiss companies Adia Interim and ECCO, Adecco has grown into one of the world’s largest staffing firms.