ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Releases Earnings Results, Misses Estimates By $0.02 EPS

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02), Zacks reports. ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%.

ASSA ABLOY AB (publ) Stock Up 0.5 %

ASSA ABLOY AB (publ) stock opened at $15.19 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52. ASSA ABLOY AB has a 1-year low of $13.18 and a 1-year high of $17.03. The firm has a market capitalization of $33.80 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 1.65 and a beta of 1.11. The firm has a 50 day simple moving average of $15.02 and a 200 day simple moving average of $15.35.

About ASSA ABLOY AB (publ)

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.