Electrolux (OTCMKTS:ELUXY) Shares Gap Down – Time to Sell?

Shares of Electrolux AB (OTCMKTS:ELUXY) gapped down prior to trading on Friday . The stock had previously closed at $19.67, but opened at $17.98. Electrolux shares last traded at $17.98, with a volume of 376 shares.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ELUXY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Electrolux in a research report on Monday, February 2nd. Zacks Research raised Electrolux from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Finally, Citigroup restated a “neutral” rating on shares of Electrolux in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Electrolux Stock Performance

The stock has a market cap of $2.62 billion, a P/E ratio of 27.60 and a beta of 1.15. The company has a debt-to-equity ratio of 3.57, a current ratio of 0.96 and a quick ratio of 0.66. The company has a fifty day moving average of $14.82 and a 200 day moving average of $12.94.

Electrolux (OTCMKTS:ELUXY) last released its quarterly earnings data on Friday, January 30th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.62). The company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.79 billion. Electrolux had a net margin of 0.69% and a return on equity of 10.82%. On average, equities analysts predict that Electrolux AB will post 2.13 earnings per share for the current fiscal year.

About Electrolux

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.