Husqvarna AB (publ) (OTCMKTS:HUSQF) Stock Price Down 1.4% – What’s Next?

Husqvarna AB (publ) (OTCMKTS:HUSQF) shares were down 1.4% during trading on Wednesday . The stock traded as low as $4.8750 and last traded at $5.00. Approximately 1,000 shares were traded during mid-day trading, an increase of 67% from the average daily volume of 600 shares. The stock had previously closed at $5.07.

Husqvarna AB (publ) Trading Down 1.4%

The firm has a 50-day simple moving average of $5.08 and a 200-day simple moving average of $5.38.

About Husqvarna AB (publ)

Husqvarna AB (publ) is a Swedish-based global manufacturer of outdoor power products, serving both consumer and professional markets. The company’s portfolio includes chainsaws, trimmers, brushcutters, robotic mowers, ride-on lawn mowers, garden tractors, hedge trimmers and pressure washers. Husqvarna also offers a range of construction products such as light towers, handheld power cutters and demolition robots under its Construction division.

Husqvarna operates through several business segments, including the Forestry & Garden division for consumer and professional forestry and landscaping equipment, the Lawn & Garden division for residential lawn care products, and the Construction division for infrastructure and demolition solutions.