Husqvarna AB (publ) (OTCMKTS:HSQVY) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of Husqvarna AB (publ) (OTCMKTS:HSQVY) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.63 and traded as low as $10.35. Husqvarna AB (publ) shares last traded at $10.35, with a volume of 14,718 shares changing hands.

Husqvarna AB (publ) Stock Performance

The stock’s 50 day moving average price is $10.85 and its two-hundred day moving average price is $12.63.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last released its earnings results on Wednesday, October 23rd. The company reported ($0.05) EPS for the quarter. The business had revenue of $934.91 million for the quarter.

About Husqvarna AB (publ)

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.