AB Electrolux (publ) (OTCMKTS:ELUXY) Short Interest Down 66.7% in February

AB Electrolux (publ) (OTCMKTS:ELUXY) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 66.7% from the January 31st total of 300 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 0.0 days.

AB Electrolux (publ) Stock Down 1.7 %

Shares of ELUXY traded down $0.30 during mid-day trading on Friday, reaching $16.91. 5,023 shares of the stock traded hands, compared to its average volume of 1,675. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of -17.08 and a beta of 1.23. The stock has a fifty day simple moving average of $17.50 and a 200 day simple moving average of $17.62. AB Electrolux has a 12-month low of $14.19 and a 12-month high of $20.11. The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 3.27.

AB Electrolux (publ) (OTCMKTS:ELUXY) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.10 earnings per share (EPS) for the quarter. AB Electrolux (publ) had a negative net margin of 1.04% and a negative return on equity of 14.19%. Sell-side analysts expect that AB Electrolux will post 2.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Redburn Atlantic upgraded shares of AB Electrolux (publ) from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 21st.

About AB Electrolux (publ)

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.