Husqvarna AB (publ) (OTCMKTS:HSQVY) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Husqvarna AB (publ) (OTCMKTS:HSQVY) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.48 and traded as low as $10.29. Husqvarna AB (publ) shares last traded at $10.31, with a volume of 105,063 shares traded.

Husqvarna AB (publ) Stock Performance

The firm has a 50 day moving average of $11.82 and a 200-day moving average of $13.48.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last released its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.05) EPS for the quarter. The company had revenue of $934.91 million during the quarter.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.