AB Electrolux (publ) (OTC:ELRXF) Stock Price Up 8% – Time to Buy?

AB Electrolux (publ) (OTC:ELRXF)’s stock price shot up 8% during trading on Friday . The stock traded as high as $8.00 and last traded at $7.93. 551 shares were traded during mid-day trading, an increase of 94% from the average session volume of 284 shares. The stock had previously closed at $7.34.

AB Electrolux (publ) Trading Up 8.0%

The business’s 50 day moving average is $6.62 and its two-hundred day moving average is $6.04.

AB Electrolux (publ) Company Profile

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories. It also provides hobs, ovens, and hoods; and tumble dryers. The company offers its products under the Electrolux, AEG, and Frigidaire brands through retailers, buying groups, and independent stores.