Husqvarna AB (publ) (OTCMKTS:HSQVY) Share Price Crosses Above Fifty Day Moving Average of $14.94

Shares of Husqvarna AB (publ) (OTCMKTS:HSQVY – Get Rating) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.94 and traded as high as $15.96. Husqvarna AB (publ) shares last traded at $15.72, with a volume of 12,477 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their price target on shares of Husqvarna AB (publ) from SEK 85 to SEK 75 in a research report on Friday, November 11th.

Husqvarna AB (publ) Stock Performance

The business’s 50-day moving average price is $14.94 and its 200 day moving average price is $13.87.

Husqvarna AB (publ) (OTCMKTS:HSQVY – Get Rating) last posted its earnings results on Friday, October 21st. The company reported $0.09 EPS for the quarter. The firm had revenue of $1.16 billion for the quarter.

About Husqvarna AB (publ)

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Husqvarna AB engages in the production of outdoor power products for forest, park, and garden care. The company also offers garden watering products, cutting equipment and diamond tools for the construction and stone industries. It operates through the following segments: Husqvarna Forest and Garden, Gardena, and Husqvarna Construction.