Electrolux (OTCMKTS:ELUXY) Sees Unusually-High Trading Volume – What’s Next?

Shares of Electrolux AB (OTCMKTS:ELUXY) saw an uptick in trading volume on Monday . 15,109 shares changed hands during mid-day trading, an increase of 55% from the previous session’s volume of 9,737 shares.The stock last traded at $5.08 and had previously closed at $4.70.

Analyst Ratings Changes

A number of brokerages recently commented on ELUXY. Rothschild & Co Redburn downgraded Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Zacks Research upgraded shares of Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Five analysts have rated the stock with a Hold rating, According to MarketBeat, Electrolux has an average rating of “Hold”.

Electrolux Price Performance

The company has a market cap of $732.47 million, a PE ratio of 19.90, a PEG ratio of 0.75 and a beta of 1.15. The firm’s 50-day moving average is $9.08 and its 200-day moving average is $12.40. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 3.19.

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.