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Assa Abloy (OTC:ASAZY) Reaches New 1-Year Low – What’s Next?

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Assa Abloy AB (OTC:ASAZYGet Free Report)’s stock price hit a new 52-week low on Monday . The stock traded as low as $12.80 and last traded at $12.98, with a volume of 602537 shares traded. The stock had previously closed at $13.44.

Assa Abloy Stock Down 3.4 %

The business’s 50-day simple moving average is $15.26 and its 200-day simple moving average is $15.36. The company has a market capitalization of $28.88 billion, a PE ratio of 19.37, a price-to-earnings-growth ratio of 1.38 and a beta of 1.09. The company has a current ratio of 1.10, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51.

About Assa Abloy

(Get Free Report)

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.

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