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Electrolux (OTCMKTS:ELUXY) Shares Gap Up - Time to Buy?

Electrolux logo with Consumer Discretionary background

Electrolux AB (OTCMKTS:ELUXY - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $12.46, but opened at $13.15. Electrolux shares last traded at $13.15, with a volume of 2,230 shares.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on ELUXY

Electrolux Stock Down 0.3%

The company's 50 day moving average price is $13.71 and its two-hundred day moving average price is $15.46. The company has a current ratio of 0.94, a quick ratio of 0.60 and a debt-to-equity ratio of 3.91. The stock has a market cap of $1.86 billion, a P/E ratio of 145.68 and a beta of 1.14.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last issued its quarterly earnings data 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). Electrolux had a return on equity of 1.61% and a net margin of 0.11%. The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $33.03 billion. Equities analysts forecast that Electrolux AB will post 2.13 earnings per share for the current year.

Electrolux 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.

Further Reading

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.

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