Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Rises By 556.2%

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 106,300 shares, an increase of 556.2% from the December 15th total of 16,200 shares. Based on an average trading volume of 448,500 shares, the short-interest ratio is currently 0.2 days.

Atlas Copco Stock Up 1.4 %

Atlas Copco stock opened at $15.80 on Wednesday. The firm has a market cap of $77.03 billion, a price-to-earnings ratio of 28.21, a P/E/G ratio of 4.57 and a beta of 1.16. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 1.08. Atlas Copco has a fifty-two week low of $15.00 and a fifty-two week high of $20.03. The firm has a fifty day moving average price of $15.87 and a two-hundred day moving average price of $17.11.

Atlas Copco (OTCMKTS:ATLKY) last released its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The firm had revenue of $4.14 billion for the quarter. Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. As a group, analysts forecast that Atlas Copco will post 0.55 earnings per share for the current year.

About Atlas Copco

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.