Electrolux (OTCMKTS:ELUXY) Stock Price Down 1.5% – Should You Sell?

Electrolux AB (OTCMKTS:ELUXY) was down 1.5% during mid-day trading on Friday . The company traded as low as $11.97 and last traded at $12.15. Approximately 4,104 shares changed hands during trading, an increase of 24% from the average daily volume of 3,316 shares. The stock had previously closed at $12.34.

Wall Street Analyst Weigh In

Several research firms have commented on ELUXY. Deutsche Bank Aktiengesellschaft initiated coverage on Electrolux in a research note on Tuesday, October 14th. They set a “hold” rating for the company. Zacks Research raised Electrolux from a “strong sell” rating to a “hold” rating in a report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Electrolux Trading Down 1.5%

The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 135.02 and a beta of 1.13. The business has a fifty day moving average of $11.66 and a two-hundred day moving average of $12.73. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.59 and a current ratio of 0.96.

Electrolux (OTCMKTS:ELUXY) last posted its earnings results on Thursday, October 30th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.36). Electrolux had a return on equity of 1.61% and a net margin of 0.11%.The firm had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $32.22 billion. As a group, equities analysts expect that Electrolux AB will post 2.13 earnings per share for the current fiscal year.

About Electrolux

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.