Electrolux (OTCMKTS:ELUXY) Shares Down 7.5% – Should You Sell?

Electrolux AB (OTCMKTS:ELUXY) shares were down 7.5% on Monday . The stock traded as low as $15.48 and last traded at $15.48. Approximately 5,509 shares traded hands during trading, a decline of 55% from the average daily volume of 12,305 shares. The stock had previously closed at $16.73.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ELUXY shares. Zacks Research raised Electrolux from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Electrolux in a report on Monday, February 2nd. Finally, Citigroup restated a “neutral” rating on shares of Electrolux in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Electrolux Price Performance

The company has a current ratio of 0.96, a quick ratio of 0.66 and a debt-to-equity ratio of 3.57. The stock has a 50-day moving average price of $15.64 and a 200 day moving average price of $13.30. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 23.45 and a beta of 1.15.

Electrolux (OTCMKTS:ELUXY) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.62). The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.79 billion. Electrolux had a return on equity of 10.82% and a net margin of 0.69%. As a group, equities research analysts expect that Electrolux AB will post 2.13 earnings per share for the current year.

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.