AB Electrolux (publ) (OTCMKTS:ELUXY) Shares Pass Below Fifty Day Moving Average – What’s Next?

AB Electrolux (publ) (OTCMKTS:ELUXY) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $17.83 and traded as low as $16.70. AB Electrolux (publ) shares last traded at $16.79, with a volume of 313 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Redburn Atlantic raised AB Electrolux (publ) from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 21st.

AB Electrolux (publ) Stock Performance

The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 3.27. The stock has a fifty day moving average price of $17.66 and a two-hundred day moving average price of $17.41. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of -14.78 and a beta of 1.05.

AB Electrolux (publ) (OTCMKTS:ELUXY) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.10 earnings per share for the quarter. AB Electrolux (publ) had a negative net margin of 1.04% and a negative return on equity of 14.19%. As a group, analysts forecast that AB Electrolux will post 2.13 EPS for the current fiscal year.

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.