Assa Abloy (OTCMKTS:ASAZY) Sees Large Volume Increase – What’s Next?

Posted by Geri Gentry on Nov 6th, 2026

Assa Abloy AB (OTCMKTS:ASAZY – Get Free Report) saw an uptick in trading volume on Wednesday. 836,453 shares were traded during mid-day trading, an increase of 181% from the average daily volume of 297,661 shares. The stock last traded at $20.57 and had previously closed at $19.8940.

Wall Street Analyst Weigh In

Several research firms have commented on ASAZY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Assa Abloy in a research note on Thursday, September 17th. Dnb Carnegie cut Assa Abloy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Citigroup reiterated a “buy” rating on shares of Assa Abloy in a report on Wednesday, October 28th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Get Our Latest Report on Assa Abloy

Assa Abloy Stock Down 2.6%

The company has a current ratio of 1.01, a quick ratio of 0.63 and a debt-to-equity ratio of 0.43. The company has a market cap of $44.12 billion, a price-to-earnings ratio of 24.48, a PEG ratio of 2.49 and a beta of 1.16. The firm’s fifty day simple moving average is $18.17 and its 200 day simple moving average is $18.68.

Assa Abloy (OTCMKTS:ASAZY – Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The industrial products company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The firm had revenue of $4.09 billion during the quarter, compared to analyst estimates of $4.13 billion. Assa Abloy had a net margin of 10.99% and a return on equity of 15.83%. Sell-side analysts predict that Assa Abloy AB will post 0.83 earnings per share for the current year.

About Assa Abloy

(Get Free Report)

Assa Abloy AB is a Sweden-based global provider of access solutions. The company develops, manufactures and sells products and systems that help secure, manage and automate access to buildings, properties and other facilities.

Its portfolio includes mechanical and electromechanical locks, electronic access-control systems, digital identification and authentication solutions, door hardware, security doors, entrance automation equipment and security solutions for hotels. Assa Abloy also provides related services, software and integrated systems for commercial, institutional, residential and industrial customers.

The company was formed in 1994 through the merger of Assa in Sweden and Abloy in Finland.