Shares of Henkel AG & Co. (OTCMKTS:HENKY – Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $18.10 and traded as low as $17.7980. Henkel AG & Co. shares last traded at $17.95, with a volume of 112,347 shares traded.
Wall Street Analysts Forecast Growth
Separately, Barclays cut Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Henkel AG & Co.
Henkel AG & Co. Stock Down 0.1%
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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