AB Electrolux (publ) (OTCMKTS:ELUXY) Upgraded at Redburn Atlantic

Redburn Atlantic upgraded shares of AB Electrolux (publ) (OTCMKTS:ELUXY - Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

AB Electrolux (publ) Stock Up 0.6 %

Shares of AB Electrolux (publ) stock traded up $0.11 during trading on Tuesday, reaching $19.01. The company had a trading volume of 186 shares, compared to its average volume of 1,419. The company has a market cap of $2.69 billion, a price-to-earnings ratio of -4.85 and a beta of 1.22. The firm's fifty day moving average is $16.23 and its 200-day moving average is $17.38. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.62 and a current ratio of 0.94. AB Electrolux has a fifty-two week low of $14.19 and a fifty-two week high of $19.96.

AB Electrolux (publ) (OTCMKTS:ELUXY - Get Free Report) last announced its quarterly earnings data on Friday, October 25th. The company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by ($0.49). AB Electrolux (publ) had a negative net margin of 4.21% and a negative return on equity of 30.59%. The business had revenue of $3.20 billion for the quarter. On average, analysts anticipate that AB Electrolux will post -0.42 EPS for the current year.

About AB Electrolux (publ)

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.