Electrolux AB (OTCMKTS:ELUXY) Short Interest Update

Electrolux AB (OTCMKTS:ELUXY) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 3,581 shares, an increase of ? from the May 14th total of 0 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,835 shares, the short-interest ratio is presently 0.6 days.

Electrolux Stock Up 2.2%

ELUXY stock opened at $12.57 on Friday. Electrolux has a twelve month low of $9.84 and a twelve month high of $19.83. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 3.19. The stock has a market cap of $1.78 billion, a P/E ratio of 48.35 and a beta of 1.08. The business’s 50-day moving average price is $12.15 and its 200-day moving average price is $13.71.

Electrolux (OTCMKTS:ELUXY) last released its earnings results 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 business had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.40 billion. On average, equities research analysts forecast that Electrolux will post -0.07 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ELUXY. Zacks Research lowered shares of Electrolux from a “hold” rating to a “strong sell” rating in a research note on Friday, May 1st. 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. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

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.