Henkel AG & Co. (OTCMKTS:HENKY) Shares Gap Down – Time to Sell?

Henkel AG & Co. (OTCMKTS:HENKY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $19.06, but opened at $18.47. Henkel AG & Co. shares last traded at $18.44, with a volume of 2,384 shares.

Analysts Set New Price Targets

A number of equities research analysts have commented on HENKY shares. Royal Bank Of Canada upgraded Henkel AG & Co. to a “hold” rating in a research report on Wednesday, September 17th. Zacks Research lowered Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Barclays upgraded Henkel AG & Co. from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 15th. Finally, BNP Paribas upgraded Henkel AG & Co. from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Henkel AG & Co. Stock Down 1.9%

The firm has a 50-day moving average of $18.94 and a 200 day moving average of $18.28. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 0.09.

About Henkel AG & Co.

Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.