Husqvarna AB (publ) (OTCMKTS:HSQVY) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Husqvarna AB (publ) (OTCMKTS:HSQVY) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.91 and traded as high as $10.35. Husqvarna AB (publ) shares last traded at $10.3495, with a volume of 62,278 shares trading hands.

Husqvarna AB (publ) Price Performance

The stock has a 50-day simple moving average of $9.91 and a 200-day simple moving average of $10.47.

Husqvarna AB (publ) Company Profile

Husqvarna AB (publ) is a Sweden-based global leader in outdoor power products, serving both consumer and professional markets. The company’s core offerings include chainsaws, trimmers, robotic lawn mowers, ride-on mowers, hedge trimmers and garden tractors. Husqvarna also provides light construction products such as demolition robots, surface preparation equipment and power cutters under its Construction division. These products are marketed under several brands, including Husqvarna, Gardena, McCulloch and Flymo, each tailored to specific customer segments.

Founded in 1689 as a royal arms foundry, Husqvarna has evolved over more than three centuries into an international manufacturing group.