Husqvarna AB (publ) (OTCMKTS:HSQVY) Stock Price Crosses Above 50 Day Moving Average of $14.33

Shares of Husqvarna AB (publ) (OTCMKTS:HSQVY) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.33 and traded as high as $15.19. Husqvarna AB (publ) shares last traded at $15.19, with a volume of 6,492 shares.

Analyst Upgrades and Downgrades

Separately, Handelsbanken upgraded Husqvarna AB (publ) from a “market perform” rating to an “outperform” rating in a report on Wednesday, October 11th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Husqvarna AB (publ) Trading Up 1.2 %

The firm has a fifty day simple moving average of $14.33 and a 200-day simple moving average of $16.35.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last issued its earnings results on Friday, October 20th. The company reported $0.04 EPS for the quarter. The firm had revenue of $972.50 million during the quarter.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden, Gardena, and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.