AB Electrolux (publ) (OTCMKTS:ELUXY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

AB Electrolux (publ) (OTCMKTS:ELUXY)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $17.81 and traded as low as $17.79. AB Electrolux (publ) shares last traded at $17.96, with a volume of 284 shares traded.

Wall Street Analyst Weigh In

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

AB Electrolux (publ) Trading Up 3.0 %

The firm’s 50-day moving average price is $17.81 and its 200 day moving average price is $17.55. The company has a market cap of $2.54 billion, a price-to-earnings ratio of -18.14 and a beta of 1.22. The company has a current ratio of 0.93, a quick ratio of 0.64 and a debt-to-equity ratio of 3.27.

AB Electrolux (publ) (OTCMKTS:ELUXY) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.10 earnings per share for the quarter. AB Electrolux (publ) had a negative net margin of 1.04% and a negative return on equity of 14.19%. As a group, equities analysts expect that AB Electrolux will post 2.13 EPS 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.