Epiroc AB (publ) (OTCMKTS:EPOKY) Short Interest Update

Epiroc AB (publ) (OTCMKTS:EPOKY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 6,800 shares, an increase of 240.0% from the December 31st total of 2,000 shares. Based on an average daily volume of 743,100 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Epiroc AB (publ) Price Performance

Shares of Epiroc AB (publ) stock traded down $0.05 during midday trading on Wednesday, reaching $19.75. The company had a trading volume of 271,690 shares, compared to its average volume of 270,683. The stock has a fifty day simple moving average of $18.05 and a 200 day simple moving average of $18.82. Epiroc AB has a 1-year low of $16.82 and a 1-year high of $21.74. The company has a current ratio of 2.06, a quick ratio of 1.12 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $23.84 billion, a price-to-earnings ratio of 29.04, a price-to-earnings-growth ratio of 8.20 and a beta of 1.51.

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.