Electrolux (OTCMKTS:ELUXY) Shares Gap Down – Time to Sell?

Shares of Electrolux AB (OTCMKTS:ELUXY) gapped down prior to trading on Monday . The stock had previously closed at $17.6150, but opened at $16.78. Electrolux shares last traded at $17.07, with a volume of 1,220 shares changing hands.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Citigroup reiterated a “neutral” rating on shares of Electrolux in a research note on Thursday, January 22nd. Zacks Research upgraded Electrolux from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Electrolux in a research report on Monday, February 2nd. 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’s stock. According to data from MarketBeat, Electrolux currently has an average rating of “Hold”.

Electrolux Stock Down 1.9%

The company has a debt-to-equity ratio of 3.57, a quick ratio of 0.66 and a current ratio of 0.96. The firm has a market capitalization of $2.38 billion, a P/E ratio of 25.05 and a beta of 1.15. The stock has a 50 day moving average of $15.29 and a 200-day moving average of $13.15.

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

About Electrolux

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.