HID Global, a subsidiary of Assa Abloy, isn’t directly listed on Yahoo Finance. Assa Abloy (ASAZY) is the parent company and trades on the over-the-counter (OTC) market in the US and on the Nasdaq Stockholm exchange. While Yahoo Finance provides financial data and news for Assa Abloy, searching for “HID Global” itself will not yield a stock ticker or direct market information.
Yahoo Finance’s value in researching HID Global stems from its coverage of Assa Abloy. By tracking Assa Abloy’s stock performance (ASAZY), investors can gain insights into the financial health and market perception of the parent company. News articles and press releases related to Assa Abloy often mention HID Global’s contributions to the overall business. This provides indirect but valuable information about HID Global’s performance and strategic direction.
Here’s how Yahoo Finance can be used to indirectly analyze HID Global:
- Stock Quotes and Charts (ASAZY): Monitor Assa Abloy’s stock price, trading volume, and historical performance to understand investor sentiment and market trends affecting the parent company. A positive trajectory for Assa Abloy could suggest strong performance across its various divisions, including HID Global.
- News and Press Releases (ASAZY): Read news articles and press releases related to Assa Abloy. Look for mentions of HID Global’s specific contributions, product launches, partnerships, or significant contract wins. These details offer glimpses into HID Global’s operational performance and growth initiatives.
- Financial Statements (ASAZY): Analyze Assa Abloy’s quarterly and annual reports available on Yahoo Finance. Pay attention to segment reporting (if available) that might break down revenue and profit contributions from different business areas. This can provide a rough estimate of HID Global’s financial impact on the larger company.
- Analyst Ratings (ASAZY): Observe analyst ratings and price targets for Assa Abloy. Positive ratings can reflect confidence in the company’s overall strategy, including the performance of key subsidiaries like HID Global.
- Competitor Analysis (ASAZY): Compare Assa Abloy’s performance with its competitors in the access control and security solutions market. This can offer insights into the competitive landscape in which HID Global operates and its relative market position.
It’s crucial to remember that information obtained from Yahoo Finance regarding Assa Abloy provides an *indirect* view of HID Global. Because HID Global is a subsidiary, its financial performance and strategic decisions are embedded within Assa Abloy’s overall results. Direct financial data specific to HID Global is typically not publicly available outside of Assa Abloy’s internal reporting.
Therefore, utilizing Yahoo Finance effectively for insights on HID Global requires filtering through the available data for Assa Abloy and identifying relevant information that sheds light on HID Global’s activities and contributions to the parent company’s success. It’s about connecting the dots between Assa Abloy’s performance and the underlying performance of one of its key business units.