AB Electrolux (publ) (OTCMKTS:ELUXY) Announces Quarterly Earnings Results

AB Electrolux (publ) (OTCMKTS:ELUXY) released its earnings results on Thursday. The company reported $0.10 EPS for the quarter, Zacks reports. AB Electrolux (publ) had a negative net margin of 4.21% and a negative return on equity of 30.59%.

AB Electrolux (publ) Stock Performance

OTCMKTS ELUXY traded up $0.11 during trading on Thursday, reaching $20.06. 775 shares of the company’s stock were exchanged, compared to its average volume of 1,428. The company has a debt-to-equity ratio of 3.61, a current ratio of 0.94 and a quick ratio of 0.62. The business has a 50 day moving average price of $16.56 and a 200-day moving average price of $17.48. The stock has a market capitalization of $2.84 billion, a P/E ratio of -5.12 and a beta of 1.22. AB Electrolux has a fifty-two week low of $14.19 and a fifty-two week high of $20.11.

Analysts Set New Price Targets

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) 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.