Electrolux (OTCMKTS:ELUXY) Hits New 12-Month Low – Should You Sell?

Electrolux AB (OTCMKTS:ELUXY) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $5.6525 and last traded at $5.6525, with a volume of 514 shares changing hands. The stock had previously closed at $5.95.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ELUXY. Rothschild & Co Redburn cut shares of Electrolux from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. The Goldman Sachs Group raised Electrolux to a “hold” rating in a research note on Friday, March 27th. Finally, Zacks Research raised Electrolux from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Electrolux presently has a consensus rating of “Hold”.

Electrolux Stock Performance

The company’s fifty day moving average price is $10.77 and its two-hundred day moving average price is $13.25. The company has a debt-to-equity ratio of 3.19, a quick ratio of 0.60 and a current ratio of 0.94. The firm has a market capitalization of $731.76 million, a PE ratio of 19.88, a price-to-earnings-growth ratio of 2.73 and a beta of 1.15.

Electrolux (OTCMKTS:ELUXY) last released its earnings results on Friday, April 24th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.61). Electrolux had a net margin of 0.27% and a return on equity of 4.03%. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.40 billion. As a group, equities analysts expect that Electrolux AB will post 0.05 earnings per share for the current year.

About Electrolux

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.