Assa Abloy (OTC:ASAZY) Shares Down 0.9% – Time to Sell?

Assa Abloy AB (OTC:ASAZY) fell 0.9% during mid-day trading on Tuesday . The company traded as low as $14.75 and last traded at $14.84. 309,262 shares traded hands during trading, an increase of 134% from the average session volume of 132,363 shares. The stock had previously closed at $14.98.

Assa Abloy Stock Down 0.9 %

The stock has a market capitalization of $33.02 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 1.38 and a beta of 1.14. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.10 and a quick ratio of 0.69. The business has a fifty day moving average of $15.37 and a 200 day moving average of $15.43.

Assa Abloy Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.