Husqvarna AB (publ) (OTCMKTS:HUSQF) Shares Up 4.3% – Still a Buy?

Husqvarna AB (publ) (OTCMKTS:HUSQF)’s stock price shot up 4.3% during trading on Thursday . The stock traded as high as $4.2750 and last traded at $4.2750. 1,195 shares were traded during trading, a decline of 16% from the average session volume of 1,420 shares. The stock had previously closed at $4.0990.

Husqvarna AB (publ) Trading Up 4.3%

The firm has a fifty day moving average of $4.39 and a 200 day moving average of $4.80.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) is a Swedish-based global manufacturer of outdoor power products, serving both consumer and professional markets. The company’s portfolio includes chainsaws, trimmers, brushcutters, robotic mowers, ride-on lawn mowers, garden tractors, hedge trimmers and pressure washers. Husqvarna also offers a range of construction products such as light towers, handheld power cutters and demolition robots under its Construction division.

Husqvarna operates through several business segments, including the Forestry & Garden division for consumer and professional forestry and landscaping equipment, the Lawn & Garden division for residential lawn care products, and the Construction division for infrastructure and demolition solutions.