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AB Electrolux (publ) (OTCMKTS:ELUXY) Share Price Crosses Below 50-Day Moving Average - Should You Sell?

AB Electrolux (publ) logo with Consumer Discretionary background
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AB Electrolux (publ) (OTCMKTS:ELUXY - Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $17.83 and traded as low as $16.70. AB Electrolux (publ) shares last traded at $16.79, with a volume of 313 shares.

Wall Street Analyst Weigh In

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 Research Report on AB Electrolux (publ)

AB Electrolux (publ) Stock Down 4.9 %

The firm's fifty day simple moving average is $17.54 and its 200-day simple moving average is $17.35. The company has a market cap of $1.97 billion, a PE ratio of -14.06 and a beta of 1.05. The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 3.27.

AB Electrolux (publ) (OTCMKTS:ELUXY - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $0.10 earnings per share (EPS) for the quarter. AB Electrolux (publ) had a negative return on equity of 14.19% and a negative net margin of 1.04%. As a group, equities research analysts expect that AB Electrolux will post 2.13 earnings per share for the current fiscal year.

About AB Electrolux (publ)

(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.

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