Husqvarna AB (publ) (OTCMKTS:HSQVY) Posts Earnings Results

Husqvarna AB (publ) (OTCMKTS:HSQVY) posted its quarterly earnings data on Wednesday. The company reported ($0.12) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $934.26 million during the quarter.

Husqvarna AB (publ) Price Performance

HSQVY stock opened at $6.46 on Thursday. Husqvarna AB has a one year low of $6.44 and a one year high of $10.54. The firm has a 50 day simple moving average of $7.47 and a two-hundred day simple moving average of $8.19.

Analyst Upgrades and Downgrades

Separately, Danske lowered Husqvarna AB (publ) to a “hold” rating in a research note on Thursday. Two research analysts have rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold”.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) is a Sweden-based manufacturer of outdoor power products and related equipment. The company serves professional users, consumers and landowners through products such as chainsaws, trimmers, brushcutters, lawn mowers, ride-on mowers and robotic lawn mowers. It also offers digital solutions, accessories, replacement parts and service support.

Husqvarna Group operates through several established brands, including Husqvarna, Gardena and McCulloch. Gardena focuses primarily on consumer gardening products, including watering systems, garden tools and irrigation equipment.