Epiroc AB (publ) (OTCMKTS:EPOKY) Sees Large Increase in Short Interest

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 26,300 shares, an increase of 6,475.0% from the March 15th total of 400 shares. Based on an average daily volume of 137,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Epiroc AB (publ) Stock Performance

Shares of OTCMKTS:EPOKY opened at $19.25 on Wednesday. The firm’s 50 day simple moving average is $19.94 and its 200-day simple moving average is $19.21. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.43 and a current ratio of 2.48. Epiroc AB has a one year low of $16.79 and a one year high of $21.74. The firm has a market cap of $23.23 billion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 3.93 and a beta of 1.42.

Epiroc AB (publ) (OTCMKTS:EPOKY) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting 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, equities analysts predict that Epiroc AB will post 0.79 EPS for the current year.

Analyst Ratings Changes

Separately, Dnb Nor Markets cut shares of Epiroc AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 1st.

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.