AB Electrolux (publ) (OTCMKTS:ELUXY) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

AB Electrolux (publ) (OTCMKTS:ELUXY)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.92 and traded as low as $13.29. AB Electrolux (publ) shares last traded at $13.31, with a volume of 3,558 shares trading hands.

Analyst Upgrades and Downgrades

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

AB Electrolux (publ) Price Performance

The firm’s fifty day simple moving average is $14.92 and its two-hundred day simple moving average is $16.24. The company has a current ratio of 0.93, a quick ratio of 0.64 and a debt-to-equity ratio of 3.27. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of -13.44 and a beta of 1.18.

AB Electrolux (publ) (OTCMKTS:ELUXY) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.39). The business had revenue of $3.38 billion during the quarter, compared to analyst estimates of $32.42 billion. AB Electrolux (publ) had a negative net margin of 1.04% and a negative return on equity of 14.19%. Sell-side analysts anticipate that AB Electrolux will post 2.13 EPS for the current year.

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.