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

Husqvarna AB (publ) (OTCMKTS:HSQVY)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.92 and traded as low as $10.44. Husqvarna AB (publ) shares last traded at $10.49, with a volume of 21,673 shares changing hands.

Husqvarna AB (publ) Price Performance

The company has a 50-day moving average price of $10.39 and a 200 day moving average price of $11.92.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last posted its earnings results on Wednesday, February 5th. The company reported ($0.36) 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.