Assa Abloy (ASAZY) Projected to Post Quarterly Earnings on Wednesday

Assa Abloy (OTCMKTS:ASAZY) will likely be issuing its results before the market opens on Wednesday, October 22nd. Analysts expect the company to announce earnings of $0.21 per share and revenue of $3.9523 billion for the quarter.

Assa Abloy Trading Up 0.2%

OTCMKTS:ASAZY opened at $18.19 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 1.10 and a debt-to-equity ratio of 0.55. The business’s 50 day moving average is $17.61 and its two-hundred day moving average is $16.29. Assa Abloy has a 52 week low of $12.76 and a 52 week high of $18.39.

Wall Street Analyst Weigh In

ASAZY has been the topic of a number of research analyst reports. Citigroup reaffirmed a “neutral” rating on shares of Assa Abloy in a report on Thursday, September 25th. Barclays raised Assa Abloy from a “strong sell” rating to a “hold” rating in a report on Thursday, August 21st. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

About Assa Abloy

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.