Epiroc AB (publ) (OTCMKTS:EPOKY) Reaches New 12-Month Low – Here’s Why

Epiroc AB (publ) (OTCMKTS:EPOKY) hit a new 52-week low on Tuesday . The company traded as low as $16.86 and last traded at $17.44, with a volume of 204561 shares traded. The stock had previously closed at $17.46.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Epiroc AB (publ) from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, December 4th.

Epiroc AB (publ) Stock Performance

The company has a market cap of $21.05 billion, a PE ratio of 25.65, a PEG ratio of 9.37 and a beta of 1.51. The business’s 50 day moving average is $18.81 and its two-hundred day moving average is $19.23. The company has a current ratio of 2.06, a quick ratio of 1.12 and a debt-to-equity ratio of 0.46.

Epiroc AB (publ) (OTCMKTS:EPOKY) last posted its quarterly earnings data on Friday, October 25th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. The company had revenue of $1.51 billion for the quarter. Epiroc AB (publ) had a net margin of 13.94% and a return on equity of 22.16%. On average, equities research analysts anticipate that Epiroc AB will post 0.71 EPS for the current year.

Epiroc AB (publ) Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, November 11th. Stockholders of record on Tuesday, October 22nd were issued a dividend of $0.1837 per share. The ex-dividend date was Tuesday, October 22nd. This is an increase from Epiroc AB (publ)’s previous dividend of $0.17. Epiroc AB (publ)’s dividend payout ratio is 25.00%.

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.