AB Electrolux (publ) (OTCMKTS:ELUXY) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

AB Electrolux (publ) (OTCMKTS:ELUXY)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.92 and traded as low as $13.29. AB Electrolux (publ) shares last traded at $13.31, with a volume of 3,558 shares.

Analyst Ratings Changes

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

AB Electrolux (publ) Price 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’s 50-day simple moving average is $14.92 and its two-hundred day simple moving average is $16.24. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of -13.44 and a beta of 1.18.

AB Electrolux (publ) (OTCMKTS:ELUXY) last released its earnings results on Tuesday, April 29th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.39). AB Electrolux (publ) had a negative return on equity of 14.19% and a negative net margin of 1.04%. The business had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $32.42 billion. Equities research analysts predict that AB Electrolux will post 2.13 earnings per share for the current 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.