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

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

ASSA ABLOY AB (publ) Stock Up 0.5 %

Shares of ASAZY opened at $15.19 on Friday. The stock has a fifty day moving average of $15.02 and a 200-day moving average of $15.35. The stock has a market capitalization of $33.80 billion, a price-to-earnings ratio of 24.50, a PEG ratio of 1.65 and a beta of 1.11. ASSA ABLOY AB has a 52 week low of $13.18 and a 52 week high of $17.03. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13.

ASSA ABLOY AB (publ) 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.