Atlas Copco AB (OTCMKTS:ATLKY) Sees Large Increase in Short Interest

Atlas Copco AB (OTCMKTS:ATLKY) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 154,900 shares, an increase of 597.7% from the February 28th total of 22,200 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 316,000 shares, the days-to-cover ratio is presently 0.5 days.

Atlas Copco Trading Down 2.8 %

ATLKY stock opened at $16.54 on Thursday. Atlas Copco has a 52 week low of $15.00 and a 52 week high of $20.03. The company has a market cap of $80.63 billion, a price-to-earnings ratio of 28.52, a PEG ratio of 4.99 and a beta of 1.21. The company has a quick ratio of 1.20, a current ratio of 1.72 and a debt-to-equity ratio of 0.28. The business has a fifty day simple moving average of $17.17 and a 200-day simple moving average of $16.90.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. On average, equities research analysts expect that Atlas Copco will post 0.55 EPS for the current year.

Atlas Copco Company Profile

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.