Electrolux (OTCMKTS:ELUXY) Trading Up 3.6% – Should You Buy?

Electrolux AB (OTCMKTS:ELUXY)’s share price rose 3.6% during mid-day trading on Wednesday . The company traded as high as $5.3990 and last traded at $5.3990. Approximately 108 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 8,511 shares. The stock had previously closed at $5.21.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Electrolux from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Electrolux Price Performance

The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.72 and a current ratio of 1.04. The company has a 50-day moving average price of $5.73 and a 200-day moving average price of $9.49. The firm has a market capitalization of $764.17 million, a P/E ratio of -10.00, a price-to-earnings-growth ratio of 0.40 and a beta of 1.16.

Electrolux (OTCMKTS:ELUXY) last posted its earnings results on Wednesday, July 29th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.21. The company had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.23 billion. Electrolux had a positive return on equity of 6.76% and a negative net margin of 1.14%. On average, sell-side analysts predict that Electrolux AB will post 0.27 earnings per share for the current year.

Electrolux Company Profile

Electrolux is a Swedish home-appliance company founded in 1919 and headquartered in Stockholm. The Electrolux Group develops, manufactures and sells household and professional appliances designed for cooking, food preservation, laundry, cleaning and indoor climate management.

Its product portfolio includes refrigerators and freezers, ovens, cooktops, range hoods, dishwashers, washing machines, tumble dryers, vacuum cleaners and air-care products. The company markets products under brands including Electrolux, AEG, Frigidaire and Zanussi, with brand availability varying by region.

Electrolux serves consumers, retailers and professional customers across Europe, North America, Latin America, Asia-Pacific and other international markets.