Free Trial

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

AB Electrolux (publ) logo with Consumer Discretionary background

AB Electrolux (publ) (OTCMKTS:ELUXY - Get Free Report)'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.

Analyst Ratings Changes

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.

Check Out Our Latest Analysis on AB Electrolux (publ)

AB Electrolux (publ) Price Performance

The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 3.27. The stock's 50-day simple moving average is $14.92 and its two-hundred day simple moving average is $16.24. 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 - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.39). AB Electrolux (publ) had a negative return on equity of 14.19% and a negative net margin of 1.04%. The business had revenue of $3.38 billion for the quarter, compared to analysts' expectations of $32.42 billion. Equities research analysts predict that AB Electrolux will post 2.13 earnings per share for the current year.

AB Electrolux (publ) Company Profile

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in AB Electrolux (publ) Right Now?

Before you consider AB Electrolux (publ), you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AB Electrolux (publ) wasn't on the list.

While AB Electrolux (publ) currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

New AI Deals Just Sent These 4 Infrastructure Stocks Soaring
7 Nuclear Stocks One Announcement Away from Exploding
3 AI ETFs for Steady Gains in 2025 (Without the Wild Volatility)

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines