Electrolux (OTCMKTS:ELUXY) Sees Strong Trading Volume – Time to Buy?

Electrolux AB (OTCMKTS:ELUXYGet Free Report) saw an uptick in trading volume on Friday . 16,234 shares changed hands during mid-day trading, an increase of 34% from the previous session’s volume of 12,113 shares.The stock last traded at $10.00 and had previously closed at $11.44.

Trending Headlines about Electrolux

Here are the key news stories impacting Electrolux this week:

Analyst Ratings Changes

A number of research firms have recently issued reports on ELUXY. Citigroup reiterated a “neutral” rating on shares of Electrolux in a research note on Thursday, January 22nd. The Goldman Sachs Group upgraded Electrolux to a “hold” rating in a research note on Friday, March 27th. Rothschild & Co Redburn lowered Electrolux from a “strong-buy” rating to a “hold” rating in a research report on Monday. Zacks Research cut Electrolux from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Electrolux in a report on Monday, February 2nd. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Get Our Latest Stock Analysis on ELUXY

Electrolux Trading Down 12.7%

The company has a current ratio of 0.96, a quick ratio of 0.66 and a debt-to-equity ratio of 3.57. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 14.91 and a beta of 1.20. The firm has a 50-day moving average price of $14.38 and a 200 day moving average price of $13.77.

Electrolux (OTCMKTS:ELUXYGet Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.61). Electrolux had a return on equity of 10.82% and a net margin of 0.69%. As a group, sell-side analysts forecast that Electrolux AB will post 1.57 EPS for the current year.

Electrolux Company Profile

(Get Free Report)

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.

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