Electrolux (OTCMKTS:ELUXY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Electrolux AB (OTCMKTS:ELUXY) saw unusually-strong trading volume on Monday . Approximately 15,109 shares changed hands during 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

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

Electrolux Stock Up 6.1%

The company has a debt-to-equity ratio of 3.19, a current ratio of 0.94 and a quick ratio of 0.60. The company has a market capitalization of $719.02 million, a P/E ratio of 19.54, a P/E/G ratio of 0.71 and a beta of 1.15. The stock has a 50-day moving average price of $9.30 and a 200-day moving average price of $12.53.

Electrolux (OTCMKTS:ELUXY) last issued its quarterly earnings results on Friday, April 24th. The company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.61). Electrolux had a net margin of 0.27% and a return on equity of 4.03%. The firm had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.40 billion. On average, research analysts predict that Electrolux AB will post 0.18 EPS for the current fiscal year.

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.