Electrolux (OTCMKTS:ELUXY) Upgraded at Zacks Investment Research

Electrolux (OTCMKTS:ELUXY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday, Zacks.com reports.

According to Zacks, “Electrolux AB manufactures appliances and outdoor and industrial products. The Company produces household and commercial appliances, vacuum cleaners and other floor care machines, sewing machines, chain saws, lawn mowers, weed eaters, aluminum extrusions, conveyor systems and archive systems and recycles scrap metals and waste paper. Products are sold in Europe, North America and Asia. “

Separately, ValuEngine lowered shares of Electrolux from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.

Shares of ELUXY traded up $0.86 during trading hours on Tuesday, reaching $44.89. 5,629 shares of the stock traded hands, compared to its average volume of 3,030. The company has a current ratio of 0.94, a quick ratio of 0.61 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average price of $49.68. Electrolux has a 52 week low of $37.49 and a 52 week high of $53.74. The stock has a market cap of $6.92 billion, a P/E ratio of 14.86, a price-to-earnings-growth ratio of 11.52 and a beta of 0.98.

About Electrolux

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances and appliances for professional use. It operates through six segments: Major Appliances Europe, Middle East and Africa; Major Appliances North America; Major Appliances Latin America; Major Appliances Asia/Pacific; Home Care & SDA; and Professional Products.

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