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

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) issued 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 return on equity of 15.60% and a net margin of 10.02%.

ASSA ABLOY AB (publ) Price Performance

Shares of ASAZY traded up $0.30 during trading hours on Wednesday, reaching $15.13. 91,821 shares of the company’s stock traded hands, compared to its average volume of 145,206. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52. The firm’s 50 day simple moving average is $15.02 and its 200-day simple moving average is $15.35. The stock has a market cap of $33.67 billion, a PE ratio of 24.40, a price-to-earnings-growth ratio of 1.65 and a beta of 1.11. ASSA ABLOY AB has a 12 month low of $13.18 and a 12 month high of $17.03.

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.