AB Electrolux (publ) (OTCMKTS:ELUXY) Shares Pass Below 50 Day Moving Average – What’s Next?

AB Electrolux (publ) (OTCMKTS:ELUXY)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $17.99 and traded as low as $17.29. AB Electrolux (publ) shares last traded at $17.29, with a volume of 953 shares changing hands.

Analyst Ratings Changes

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

AB Electrolux (publ) Stock Down 2.3 %

The company has a debt-to-equity ratio of 3.27, a current ratio of 0.93 and a quick ratio of 0.64. The company has a 50-day moving average price of $17.97 and a 200 day moving average price of $17.51. The firm has a market capitalization of $2.39 billion, a PE ratio of -17.08 and a beta of 1.22.

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

About AB Electrolux (publ)

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.