Electrolux (OTCMKTS:ELUXY) Stock Price Up 8% – What’s Next?

Shares of Electrolux AB (OTCMKTS:ELUXY) traded up 8% on Friday. The stock traded as high as $5.81 and last traded at $5.81. 574 shares changed hands during trading, a decline of 93% from the average session volume of 7,939 shares. The stock had previously closed at $5.38.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Dnb Carnegie raised Electrolux from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Zacks Research cut shares of Electrolux from a “hold” rating to a “strong sell” rating in a report on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Electrolux Stock Performance

The business has a fifty day moving average of $5.48 and a 200-day moving average of $10.16. The company has a market cap of $821.64 million, a PE ratio of -7.44, a P/E/G ratio of 0.92 and a beta of 1.22. The company has a current ratio of 1.04, a quick ratio of 0.72 and a debt-to-equity ratio of 1.62.

Electrolux (OTCMKTS:ELUXY) last issued its quarterly earnings data on Friday, October 23rd. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.12). The business had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.35 billion. Electrolux had a positive return on equity of 4.38% and a negative net margin of 1.53%. Equities research analysts anticipate that Electrolux AB will post 0.19 earnings per share for the current fiscal year.

Electrolux Company Profile

Electrolux Group is a Swedish home-appliance manufacturer headquartered in Stockholm. Founded in 1919, the company develops and sells appliances and related solutions for food preservation and preparation, laundry care, dishwashing, and household cleaning.

Its product portfolio includes refrigerators, freezers, ovens, cooktops, range hoods, washing machines, tumble dryers, dishwashers, vacuum cleaners, and air-care products. The group markets products under brands including Electrolux, AEG, and Frigidaire, with offerings tailored to residential consumers and, in selected markets, professional customers.

Electrolux serves customers across Europe, North America, Latin America, Asia-Pacific, and other international markets through retail, distribution, and direct channels.