AB Electrolux (publ) (OTCMKTS:ELUXY) Posts Earnings Results

AB Electrolux (publ) (OTCMKTS:ELUXY) posted its earnings results on Thursday. The company reported $0.10 earnings per share for the quarter, Zacks reports. AB Electrolux (publ) had a negative net margin of 4.21% and a negative return on equity of 30.59%.

AB Electrolux (publ) Stock Up 0.5 %

OTCMKTS ELUXY traded up $0.11 on Thursday, reaching $20.06. The company had a trading volume of 775 shares, compared to its average volume of 1,428. The company has a quick ratio of 0.62, a current ratio of 0.94 and a debt-to-equity ratio of 3.61. The stock has a market capitalization of $2.84 billion, a P/E ratio of -5.12 and a beta of 1.22. The company’s fifty day moving average is $16.56 and its 200 day moving average is $17.48. AB Electrolux has a 52-week low of $14.19 and a 52-week high of $20.11.

Analysts Set New Price Targets

Separately, Redburn Atlantic raised AB Electrolux (publ) from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 21st.

About AB Electrolux (publ)

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.