Electrolux (OTCMKTS:ELUXY) Stock Price Down 7.4% – Should You Sell?

Electrolux AB (OTCMKTS:ELUXY)’s stock price dropped 7.4% on Friday . The company traded as low as $13.1350 and last traded at $13.1350. Approximately 266 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 12,569 shares. The stock had previously closed at $14.1875.

Analysts Set New Price Targets

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

Electrolux Stock Down 2.8%

The stock has a fifty day moving average of $15.82 and a two-hundred day moving average of $13.42. The company has a quick ratio of 0.66, a current ratio of 0.96 and a debt-to-equity ratio of 3.57. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 19.34 and a beta of 1.15.

Electrolux (OTCMKTS:ELUXY) last announced its quarterly earnings results on Friday, January 30th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.62). Electrolux had a return on equity of 10.82% and a net margin of 0.69%.The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.79 billion. As a group, analysts predict that Electrolux AB will post 2.13 EPS for the current fiscal 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.