Husqvarna AB (publ) (OTCMKTS:HSQVY) Shares Pass Below 200 Day Moving Average – Here’s Why

Husqvarna AB (publ) (OTCMKTS:HSQVY)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.02 and traded as low as $9.86. Husqvarna AB (publ) shares last traded at $9.97, with a volume of 26,449 shares trading hands.

Husqvarna AB (publ) Stock Performance

The stock has a 50 day simple moving average of $10.51 and a 200-day simple moving average of $12.02.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last released its quarterly earnings results on Wednesday, February 5th. The company reported ($0.36) earnings per share (EPS) for 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.