Electrolux (OTCMKTS:ELUXY) Hits New 52-Week Low – What’s Next?

Electrolux AB (OTCMKTS:ELUXY) shares reached a new 52-week low on Monday . The company traded as low as $5.1150 and last traded at $5.16, with a volume of 643 shares changing hands. The stock had previously closed at $5.1775.

Wall Street Analyst Weigh In

Several brokerages recently commented on ELUXY. Rothschild & Co Redburn downgraded shares of Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. The Goldman Sachs Group upgraded shares of Electrolux to a “hold” rating in a research note on Friday, March 27th. Finally, Zacks Research raised shares of Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Five research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Electrolux has an average rating of “Hold”.

Electrolux Stock Down 0.5%

The company has a debt-to-equity ratio of 3.19, a current ratio of 0.94 and a quick ratio of 0.60. The company has a market cap of $728.93 million, a P/E ratio of 19.81, a PEG ratio of 2.50 and a beta of 1.15. The stock has a 50-day moving average of $10.56 and a 200 day moving average of $13.14.

Electrolux (OTCMKTS:ELUXY) last posted its quarterly earnings data on Friday, April 24th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.61). The firm had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.40 billion. Electrolux had a return on equity of 4.03% and a net margin of 0.27%. Research analysts anticipate that Electrolux AB will post 0.05 earnings per share for the current year.

Electrolux Company Profile

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.