Henkel AG & Co. (OTCMKTS:HENKY – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday,Zacks.com reports.
Henkel AG & Co. Stock Up 3.7%
HENKY opened at $19.59 on Tuesday. Henkel AG & Co. has a fifty-two week low of $16.83 and a fifty-two week high of $22.82. The company’s 50-day moving average is $18.11 and its 200 day moving average is $19.21. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.20 and a quick ratio of 0.91.
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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