Electrolux AB (OTCMKTS:ELUXY) Stock Short Interest Report for October

Electrolux AB (OTCMKTS:ELUXY) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 10,615 shares, a growth of 338.5% from the October 15th total of 2,421 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,973 shares, the short-interest ratio is currently 2.7 days.

Electrolux Stock Up 4.2%

OTCMKTS ELUXY opened at $6.53 on Friday. Electrolux has a 52 week low of $4.63 and a 52 week high of $19.83. The company has a quick ratio of 0.72, a current ratio of 1.07 and a debt-to-equity ratio of 1.56. The business’s fifty day simple moving average is $5.56 and its 200-day simple moving average is $9.72. The firm has a market cap of $924.31 million, a PE ratio of 31.35, a P/E/G ratio of 1.32 and a beta of 1.23.

Electrolux (OTCMKTS:ELUXY) last announced its quarterly earnings results on Friday, October 23rd. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.12). Electrolux had a negative net margin of 1.53% and a positive return on equity of 3.87%. The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.35 billion. As a group, equities analysts anticipate that Electrolux will post 0.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ELUXY has been the topic of a number of recent research reports. Zacks Research lowered Electrolux from a “hold” rating to a “strong sell” rating in a research report on Friday, October 23rd. Dnb Carnegie raised Electrolux from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

About Electrolux

Electrolux AB is a Swedish home-appliance manufacturer headquartered in Stockholm. Founded in 1919, the company has grown through product development and acquisitions into an international appliance group. Its products include refrigerators, freezers, ovens, cooktops, dishwashers, washing machines, dryers and vacuum cleaners. The company sells appliances under brands including Electrolux, AEG and Frigidaire. Electrolux serves residential customers in markets around the world, with operations across regions including Europe, North America and Latin America.