Husqvarna AB (publ) (OTCMKTS:HSQVY) Announces Quarterly Earnings Results

by · The Markets Daily

Husqvarna AB (publ) (OTCMKTS:HSQVY – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($0.29) earnings per share for the quarter, Zacks reports.

Husqvarna AB (publ) Price Performance

Shares of OTCMKTS:HSQVY traded down $1.11 during trading on Wednesday, hitting $9.43. 313,794 shares of the stock traded hands, compared to its average volume of 78,536. The company has a fifty day moving average price of $10.01 and a two-hundred day moving average price of $10.45. Husqvarna AB has a 52-week low of $8.24 and a 52-week high of $12.20.

Husqvarna AB (publ) Company Profile

(Get Free Report)

Husqvarna AB (publ) is a Sweden-based global leader in outdoor power products, serving both consumer and professional markets. The company’s core offerings include chainsaws, trimmers, robotic lawn mowers, ride-on mowers, hedge trimmers and garden tractors. Husqvarna also provides light construction products such as demolition robots, surface preparation equipment and power cutters under its Construction division. These products are marketed under several brands, including Husqvarna, Gardena, McCulloch and Flymo, each tailored to specific customer segments.

Founded in 1689 as a royal arms foundry, Husqvarna has evolved over more than three centuries into an international manufacturing group.

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