Electrolux (OTCMKTS:ELUXY) Sees Large Volume Increase - Should You Buy?

Key Points

• Electrolux AB experienced a 13% increase in trading volume with 3,500 shares traded on Monday, despite a slight decline in stock price to $13.32.
• In a recent earnings report, the company reported $0.13 earnings per share, which fell short of analysts' expectations by $0.40.
• Barclays has maintained an "underweight" rating on Electrolux shares, indicating a cautious outlook on the stock's performance.

Electrolux AB (OTCMKTS:ELUXY - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 3,500 shares changed hands during mid-day trading, an increase of 13% from the previous session's volume of 3,106 shares.The stock last traded at $13.32 and had previously closed at $13.40.

Analyst Ratings Changes

Separately, Barclays reiterated an "underweight" rating on shares of Electrolux in a research note on Wednesday, June 18th.

Electrolux Price Performance

The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.60 and a current ratio of 0.96. The business's fifty day simple moving average is $13.66 and its 200 day simple moving average is $15.32. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 134.90 and a beta of 1.14.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last announced its earnings results on Friday, July 18th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.40). The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $33.03 billion. Electrolux had a net margin of 0.11% and a return on equity of 1.61%. Research analysts predict that Electrolux AB will post 2.13 EPS for the current fiscal year.

Electrolux 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.