Electrolux (OTC:ELUXF) Trading Up 8% – What’s Next?

Electrolux AB (OTC:ELUXFGet Free Report) shares traded up 8% during mid-day trading on Monday . The company traded as high as $8.00 and last traded at $7.93. 551 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 1,800 shares. The stock had previously closed at $7.34.

Electrolux Stock Performance

The business’s 50-day moving average price is $6.51 and its two-hundred day moving average price is $6.03.

About Electrolux

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Electrolux AB engages in the manufacturing of home and professional appliances. It operates through the following business segments: Europe; North America; Latin America; Asia-Pacific, Middle East and Africa. The company was founded by Axel Wenner-Gren on August 1, 1919 and is headquartered in Stockholm, Sweden.

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