AB Electrolux (publ) (OTCMKTS:ELUXY) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

AB Electrolux (publ) (OTCMKTS:ELUXY) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $18.34 and traded as high as $19.96. AB Electrolux (publ) shares last traded at $19.96, with a volume of 286 shares changing hands.

AB Electrolux (publ) Stock Performance

The business’s fifty day moving average price is $18.34 and its 200-day moving average price is $17.85. The stock has a market capitalization of $2.82 billion, a PE ratio of -4.89 and a beta of 1.28. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.93 and a quick ratio of 0.62.

AB Electrolux (publ) (OTCMKTS:ELUXY) last announced its quarterly earnings results on Friday, July 19th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.13. The firm had revenue of $3.16 billion during the quarter. AB Electrolux (publ) had a negative net margin of 3.98% and a negative return on equity of 21.86%. As a group, equities research analysts expect that AB Electrolux will post -0.21 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.