Henkel AG & Co. (OTCMKTS:HENKY) Stock Rating Upgraded by Zacks Research

Henkel AG & Co. (OTCMKTS:HENKY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Henkel AG & Co. Stock Up 0.6%

HENKY stock opened at $20.78 on Wednesday. The company has a 50-day moving average of $19.92 and a two-hundred day moving average of $19.48. Henkel AG & Co. has a 52-week low of $16.83 and a 52-week high of $22.82. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.91 and a current ratio of 1.20.

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.