Husqvarna AB (publ) (OTCMKTS:HSQVY – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.45 earnings per share (EPS) for the quarter, Zacks reports.
Husqvarna AB (publ) Trading Up 14.9%
Husqvarna AB (publ) stock traded up $1.29 during trading hours on Thursday, reaching $9.94. 2,518 shares of the stock were exchanged, compared to its average volume of 114,741. Husqvarna AB has a twelve month low of $7.44 and a twelve month high of $12.20. The stock has a 50 day moving average of $8.76 and a two-hundred day moving average of $9.54.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group restated a “hold” rating on shares of Husqvarna AB (publ) in a research report on Thursday, February 5th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.
Husqvarna AB (publ) Company Profile
Husqvarna AB (publ) is a Sweden-based global leader in outdoor power products, serving both consumer and professional markets. The company’s core offerings include chainsaws, trimmers, robotic lawn mowers, ride-on mowers, hedge trimmers and garden tractors. Husqvarna also provides light construction products such as demolition robots, surface preparation equipment and power cutters under its Construction division. These products are marketed under several brands, including Husqvarna, Gardena, McCulloch and Flymo, each tailored to specific customer segments.
Founded in 1689 as a royal arms foundry, Husqvarna has evolved over more than three centuries into an international manufacturing group.
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