Husqvarna AB (publ) (OTCMKTS:HSQVY) Share Price Passes Above Fifty Day Moving Average of $17.01

Husqvarna AB (publ) (OTCMKTS:HSQVY – Get Rating)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $17.01 and traded as high as $17.21. Husqvarna AB (publ) shares last traded at $17.21, with a volume of 5,252 shares traded.

Analyst Ratings Changes

Several equities analysts have recently weighed in on HSQVY shares. DNB Markets lowered Husqvarna AB (publ) from a “hold” rating to a “sell” rating in a research note on Wednesday, February 1st. Handelsbanken downgraded Husqvarna AB (publ) from an “outperform” rating to a “market perform” rating in a report on Thursday, February 2nd. Jefferies Financial Group started coverage on Husqvarna AB (publ) in a report on Sunday, April 23rd. They set a “hold” rating on the stock. Finally, Nordea Equity Research downgraded Husqvarna AB (publ) from a “hold” rating to a “sell” rating in a report on Thursday, February 2nd.

Husqvarna AB (publ) Stock Performance

The stock has a 50-day moving average of $17.01 and a 200-day moving average of $16.21.

Husqvarna AB (publ) (OTCMKTS:HSQVY – Get Rating) last released its quarterly earnings data on Thursday, April 20th. The company reported $0.55 earnings per share (EPS) for the quarter. The company had revenue of $1.64 billion for the quarter.

Husqvarna AB (publ) Company Profile

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Husqvarna AB engages in the production of outdoor power products for forest, park, and garden care. The company also offers garden watering products, cutting equipment and diamond tools for the construction and stone industries. It operates through the following segments: Husqvarna Forest and Garden, Gardena, and Husqvarna Construction.