Electrolux (OTCMKTS:ELUXY) Shares Gap Down – Time to Sell?

Electrolux AB (OTCMKTS:ELUXY)’s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $5.4550, but opened at $5.25. Electrolux shares last traded at $5.25, with a volume of 361 shares changing hands.

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 investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Electrolux Stock Performance

The company has a current ratio of 1.04, a quick ratio of 0.72 and a debt-to-equity ratio of 1.62. The firm has a market capitalization of $743.09 million, a price-to-earnings ratio of -9.72, a PEG ratio of 0.43 and a beta of 1.16. The stock has a fifty day moving average price of $5.75 and a 200-day moving average price of $9.23.

Electrolux (OTCMKTS:ELUXY) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.02 by $0.21. Electrolux had a positive return on equity of 6.76% and a negative net margin of 1.14%.The business had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.23 billion. As a group, analysts anticipate that Electrolux AB will post 0.26 earnings per share for the current fiscal 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.