Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Declines By 66.3%

Atlas Copco AB (OTCMKTS:ATLKY) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 15,900 shares, a decrease of 66.3% from the September 30th total of 47,200 shares. Based on an average daily trading volume, of 158,000 shares, the short-interest ratio is presently 0.1 days.

Atlas Copco Stock Up 0.4 %

Shares of ATLKY stock traded up $0.06 on Friday, hitting $16.90. 503,715 shares of the stock were exchanged, compared to its average volume of 322,137. The business has a 50-day moving average of $18.04 and a 200 day moving average of $18.09. Atlas Copco has a fifty-two week low of $12.63 and a fifty-two week high of $20.03. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $82.32 billion, a P/E ratio of 30.18, a price-to-earnings-growth ratio of 5.00 and a beta of 1.18.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). The business had revenue of $4.14 billion during the quarter. Atlas Copco had a net margin of 16.59% and a return on equity of 30.38%. Equities analysts anticipate that Atlas Copco will post 0.59 EPS for the current year.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.