Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 23.7% in September

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 35,500 shares, a growth of 23.7% from the August 31st total of 28,700 shares. Based on an average daily trading volume, of 329,000 shares, the days-to-cover ratio is presently 0.1 days.

Atlas Copco Trading Up 0.6 %

ATLKY opened at $19.53 on Monday. The firm has a market cap of $95.13 billion, a price-to-earnings ratio of 34.88, a price-to-earnings-growth ratio of 4.82 and a beta of 1.17. Atlas Copco has a 52 week low of $12.33 and a 52 week high of $20.03. The business’s 50 day moving average is $17.58 and its two-hundred day moving average is $17.97. The company has a quick ratio of 1.02, a current ratio of 1.51 and a debt-to-equity ratio of 0.32.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings results on Thursday, July 18th. The industrial products company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a net margin of 16.59% and a return on equity of 30.38%. The firm had revenue of $4.19 billion during the quarter. On average, research analysts predict that Atlas Copco will post 0.59 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.