AB Electrolux (publ) (OTCMKTS:ELUXY) Stock Passes Below 50 Day Moving Average – Should You Sell?

AB Electrolux (publ) (OTCMKTS:ELUXY)’s stock 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 changing hands.

Analyst Upgrades and Downgrades

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

AB Electrolux (publ) Price Performance

The business has a fifty day moving average price of $17.81 and a 200 day moving average price of $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 debt-to-equity ratio of 3.27, a quick ratio of 0.64 and a current ratio of 0.93.

AB Electrolux (publ) (OTCMKTS:ELUXY) last posted its earnings results on Thursday, January 30th. The company reported $0.10 EPS 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, research analysts anticipate that AB Electrolux will post 2.13 earnings per share 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.