Electrolux (OTCMKTS:ELUXY) Stock Price Down 7.5% – Time to Sell?

Electrolux AB (OTCMKTS:ELUXY)’s share price traded down 7.5% during mid-day trading on Monday . The company traded as low as $15.48 and last traded at $15.48. 5,509 shares were traded during mid-day trading, a decline of 55% from the average session volume of 12,305 shares. The stock had previously closed at $16.73.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Citigroup reissued a “neutral” rating on shares of Electrolux in a research report on Thursday, January 22nd. Zacks Research upgraded Electrolux from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Electrolux in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Electrolux Stock Performance

The company has a quick ratio of 0.66, a current ratio of 0.96 and a debt-to-equity ratio of 3.57. The stock has a market capitalization of $2.22 billion, a PE ratio of 23.45 and a beta of 1.15. The firm has a 50 day moving average price of $15.64 and a 200-day moving average price of $13.30.

Electrolux (OTCMKTS:ELUXY) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.62). Electrolux had a return on equity of 10.82% and a net margin of 0.69%.The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.79 billion. Research analysts expect that Electrolux AB will post 2.13 EPS for the current fiscal year.

Electrolux Company Profile

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.