Electrolux (OTCMKTS:ELUXY) Hits New 52-Week Low - Time to Sell?

Key Points

• Electrolux's stock has reached a new 52-week low, trading at $11.81, down from a previous close of $12.14.
• The company reported a loss of $0.40 per share in its recent quarterly earnings, significantly missing the consensus estimate of $0.53.
• Barclays has maintained an "underweight" rating on Electrolux shares, indicating bearish sentiment among analysts.

Electrolux AB (OTCMKTS:ELUXY - Get Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as $11.81 and last traded at $11.81, with a volume of 2334 shares trading hands. The stock had previously closed at $12.14.

Analyst Upgrades and Downgrades

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

Electrolux Trading Down 0.1%

The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 139.02 and a beta of 1.11. The company has a debt-to-equity ratio of 4.02, a current ratio of 0.96 and a quick ratio of 0.59. The firm's 50-day simple moving average is $13.57 and its 200 day simple moving average is $15.10.

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

About Electrolux

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.