Electrolux AB (ADR) (NASDAQ:ELUXY) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 17, 2016
Zacks Investment Research has downgraded Electrolux AB (ADR) (NASDAQ:ELUXY) to Sell in a statement released on 10/17/2016.
Boasting a price of $48.23, Electrolux AB (ADR) (NASDAQ:ELUXY) traded -1.07% lower on the day. With the last close down -8.45% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $49.62 and a 200-day moving average of $52.68. 778 shares of the stock were exchanged, down from an average trading volume of 6,335
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Electrolux AB (ADR) has a 52 week low of $41.22 and a 52 week high of $62.54 with a P/E ratio of 23.44 The company’s market cap is currently $0.
About Electrolux AB (ADR) (NASDAQ:ELUXY)
AB Electrolux is engaged in producing household appliances and appliances for professional use. The Company offers various products, which include refrigerators, dishwashers, washing machines, cookers, air-conditioners and small appliances, such as vacuum cleaners. Its brands include Electrolux, AEG, Zanussi and Frigidaire. Its operations are divided into six segments: Major Appliances Europe, Middle East and Africa; Major Appliances North America; Major Appliances Latin America; Major Appliances Asia/Pacific; Small Appliances, and Professional Products. Major Appliances and Small Appliances are producing appliances for the consumer market. Products within Major Appliances comprise mainly of refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners and microwave ovens. Small appliances include vacuum cleaners and other small appliances. Professional Products consist of food-service equipment and laundry solutions for professional users.
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