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

by · The Cerbat Gem

Electrolux AB (OTCMKTS:ELUXY – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $12.84, but opened at $13.2750. Electrolux shares last traded at $13.2750, with a volume of 1,164 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ELUXY shares. Zacks Research upgraded Electrolux from a “strong sell” rating to a “hold” rating in a research report on Friday, September 19th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Electrolux in a research note on Tuesday, October 14th. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Electrolux currently has a consensus rating of “Hold”.

Get Our Latest Research Report on ELUXY

Electrolux Price Performance

The company has a debt-to-equity ratio of 4.10, a quick ratio of 0.64 and a current ratio of 1.01. The business has a 50 day moving average price of $12.04 and a 200-day moving average price of $12.54. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 32.92 and a beta of 1.13.

Electrolux (OTCMKTS:ELUXY – Get Free Report) last issued its earnings results on Thursday, October 30th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.36). The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $32.22 billion. Electrolux had a return on equity of 6.58% and a net margin of 0.43%. Research analysts predict that Electrolux AB will post 2.13 EPS for the current fiscal year.

About Electrolux

(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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