Husqvarna AB (publ) (OTCMKTS:HSQVY) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of Husqvarna AB (publ) (OTCMKTS:HSQVY) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.78 and traded as low as $12.85. Husqvarna AB (publ) shares last traded at $12.85, with a volume of 48,033 shares traded.

Husqvarna AB (publ) Stock Performance

The company’s 50 day simple moving average is $13.18 and its two-hundred day simple moving average is $14.76.

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

About Husqvarna AB (publ)

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.