Epiroc AB (publ) (OTCMKTS:EPOKY) Short Interest Down 51.3% in June

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 7,500 shares, a drop of 51.3% from the May 31st total of 15,400 shares. Based on an average daily trading volume, of 133,300 shares, the short-interest ratio is presently 0.1 days.

Epiroc AB (publ) Stock Up 0.4 %

Shares of Epiroc AB (publ) stock traded up $0.08 during midday trading on Friday, hitting $19.88. The company’s stock had a trading volume of 56,030 shares, compared to its average volume of 71,310. The firm has a market capitalization of $24.13 billion, a P/E ratio of 27.61, a PEG ratio of 8.66 and a beta of 1.58. The stock has a 50-day simple moving average of $20.11 and a 200-day simple moving average of $19.33. The company has a quick ratio of 1.68, a current ratio of 2.84 and a debt-to-equity ratio of 0.43. Epiroc AB has a 1-year low of $16.14 and a 1-year high of $21.73.

Epiroc AB (publ) (OTCMKTS:EPOKY) last issued its earnings results on Tuesday, April 23rd. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.15 by $0.01. The business had revenue of $1.36 billion during the quarter. Epiroc AB (publ) had a return on equity of 24.32% and a net margin of 15.09%. As a group, sell-side analysts expect that Epiroc AB will post 0.71 earnings per share for the current year.

Epiroc AB (publ) Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Thursday, May 16th were given a $0.1731 dividend. The ex-dividend date was Wednesday, May 15th. This is a boost from Epiroc AB (publ)’s previous dividend of $0.15. Epiroc AB (publ)’s dividend payout ratio (DPR) is 29.17%.

About Epiroc AB (publ)

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Europe, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments.