Electrolux AB (OTCMKTS:ELUXY) Short Interest Update

Electrolux AB (OTCMKTS:ELUXY) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 8,210 shares, a growth of 67.5% from the August 15th total of 4,901 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 6,104 shares, the short-interest ratio is presently 1.3 days.

Electrolux Price Performance

ELUXY stock opened at $5.44 on Friday. Electrolux has a 12 month low of $4.63 and a 12 month high of $19.83. The company has a current ratio of 1.04, a quick ratio of 0.72 and a debt-to-equity ratio of 1.62. The company has a 50-day moving average price of $5.72 and a 200 day moving average price of $9.70. The stock has a market cap of $769.41 million, a PE ratio of -10.07, a P/E/G ratio of 0.42 and a beta of 1.16.

Electrolux (OTCMKTS:ELUXY) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.21. The company had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.23 billion. Electrolux had a negative net margin of 1.14% and a positive return on equity of 6.76%. Equities research analysts anticipate that Electrolux will post 0.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Five analysts have rated the stock with a Hold rating, According to MarketBeat, Electrolux has a consensus rating of “Hold”.

About Electrolux

Electrolux is a Swedish home-appliance company founded in 1919 and headquartered in Stockholm. The Electrolux Group develops, manufactures and sells household and professional appliances designed for cooking, food preservation, laundry, cleaning and indoor climate management.

Its product portfolio includes refrigerators and freezers, ovens, cooktops, range hoods, dishwashers, washing machines, tumble dryers, vacuum cleaners and air-care products. The company markets products under brands including Electrolux, AEG, Frigidaire and Zanussi, with brand availability varying by region.

Electrolux serves consumers, retailers and professional customers across Europe, North America, Latin America, Asia-Pacific and other international markets.