Henkel AG & Co. (OTCMKTS:HENKY) Hits New 1-Year High – Here’s What Happened

Henkel AG & Co. (OTCMKTS:HENKYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $22.8199 and last traded at $22.7550, with a volume of 29652 shares changing hands. The stock had previously closed at $22.67.

Analysts Set New Price Targets

Separately, Barclays lowered shares of Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on Henkel AG & Co.

Henkel AG & Co. Stock Up 0.4%

The company’s 50-day simple moving average is $20.37 and its 200 day simple moving average is $19.48. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.21 and a quick ratio of 0.91.

Henkel AG & Co. Company Profile

(Get Free Report)

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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