Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Rises By 19.7%

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 68,000 shares, an increase of 19.7% from the January 31st total of 56,800 shares. Based on an average daily volume of 213,100 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

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

Epiroc AB (publ) Price Performance

Shares of Epiroc AB (publ) stock traded up $1.20 during trading hours on Thursday, reaching $20.33. 725,071 shares of the company’s stock were exchanged, compared to its average volume of 270,225. The business has a fifty day moving average of $18.78 and a two-hundred day moving average of $19.02. Epiroc AB has a 1 year low of $16.82 and a 1 year high of $21.74. The company has a quick ratio of 1.43, a current ratio of 2.48 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $24.53 billion, a P/E ratio of 29.89, a price-to-earnings-growth ratio of 3.93 and a beta of 1.50.

Epiroc AB (publ) (OTCMKTS:EPOKY) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. Epiroc AB (publ) had a return on equity of 21.50% and a net margin of 13.74%. As a group, research analysts predict that Epiroc AB will post 0.79 earnings per share for the current fiscal year.

Epiroc AB (publ) Company Profile

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.