AB SKF (publ) (OTCMKTS:SKFRY) Short Interest Update

AB SKF (publ) (OTCMKTS:SKFRY) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 15,600 shares, a growth of 57.6% from the January 31st total of 9,900 shares. Based on an average daily volume of 36,300 shares, the days-to-cover ratio is currently 0.4 days.

AB SKF (publ) Stock Up 0.8 %

OTCMKTS:SKFRY traded up $0.17 on Friday, reaching $21.51. 12,887 shares of the stock traded hands, compared to its average volume of 17,387. The company has a current ratio of 2.01, a quick ratio of 1.13 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $9.80 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 1.24 and a beta of 1.20. AB SKF has a 12 month low of $17.15 and a 12 month high of $22.95. The company’s fifty day simple moving average is $20.11 and its 200 day simple moving average is $19.42.

AB SKF (publ) (OTCMKTS:SKFRY) last announced its quarterly earnings results on Friday, January 31st. The industrial products company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.11. AB SKF (publ) had a net margin of 6.57% and a return on equity of 13.95%. Equities analysts predict that AB SKF will post 1.51 EPS for the current fiscal year.

About AB SKF (publ)

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.