AB Electrolux (publ) (OTCMKTS:ELUXY) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

AB Electrolux (publ) (OTCMKTS:ELUXY)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $17.81 and traded as low as $17.79. AB Electrolux (publ) shares last traded at $17.96, with a volume of 284 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Redburn Atlantic upgraded AB Electrolux (publ) from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 21st.

AB Electrolux (publ) Stock Performance

The stock has a fifty day moving average price of $17.84 and a two-hundred day moving average price of $17.55. The company has a market cap of $2.55 billion, a P/E ratio of -18.22 and a beta of 1.22. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.93 and a quick ratio of 0.64.

AB Electrolux (publ) (OTCMKTS:ELUXY) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.10 earnings per share for the quarter. AB Electrolux (publ) had a negative return on equity of 14.19% and a negative net margin of 1.04%. On average, equities analysts forecast that AB Electrolux will post 2.13 earnings per share for the current fiscal 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.