Assa Abloy (OTC:ASAZY) Stock Price Down 0.3% – Should You Sell?

Shares of Assa Abloy AB (OTC:ASAZY) were down 0.3% on Friday . The stock traded as low as $15.65 and last traded at $15.79. Approximately 1,932,970 shares changed hands during mid-day trading, an increase of 810% from the average daily volume of 212,346 shares. The stock had previously closed at $15.83.

Assa Abloy Stock Performance

The company has a quick ratio of 0.69, a current ratio of 1.10 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average is $14.95 and its two-hundred day moving average is $15.10. The company has a market capitalization of $35.14 billion, a P/E ratio of 23.57, a PEG ratio of 1.38 and a beta of 1.24.

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.