Electrolux AB (OTCMKTS:ELUXY) Short Interest Update

Electrolux AB (OTCMKTS:ELUXY) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,242 shares, a growth of ? from the June 15th total of 0 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 22,847 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ELUXY shares. Zacks Research raised Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. The Goldman Sachs Group raised Electrolux to a “hold” rating in a report on Friday, March 27th. Finally, Rothschild & Co Redburn cut Electrolux from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Five equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Electrolux Stock Performance

ELUXY stock traded up $0.01 during midday trading on Friday, hitting $5.31. 521 shares of the stock traded hands, compared to its average volume of 9,271. The firm has a market cap of $751.58 million, a P/E ratio of 20.42, a PEG ratio of 0.78 and a beta of 1.15. The company has a debt-to-equity ratio of 3.19, a current ratio of 0.94 and a quick ratio of 0.60. The stock’s fifty day simple moving average is $10.05 and its 200-day simple moving average is $12.90. Electrolux has a 1-year low of $5.02 and a 1-year high of $19.83.

Electrolux (OTCMKTS:ELUXY) last issued its quarterly earnings data on Friday, April 24th. The company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.61). Electrolux had a return on equity of 4.03% and a net margin of 0.27%.The firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.40 billion. On average, analysts expect that Electrolux will post 0.18 earnings per share for the current year.

About Electrolux

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.