Zacks Research downgraded shares of Henkel AG & Co. (OTCMKTS:HENKY – Free Report) from a hold rating to a strong sell rating in a research report released on Tuesday,Zacks.com reports.
Henkel AG & Co. Stock Performance
Henkel AG & Co. stock opened at $19.59 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 1.20 and a debt-to-equity ratio of 0.07. Henkel AG & Co. has a 1-year low of $16.83 and a 1-year high of $22.82. The company has a fifty day simple moving average of $18.11 and a 200 day simple moving average of $19.21.
About Henkel AG & Co.
Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.
The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.
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