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

Atlas Copco AB (OTCMKTS:ATLKYGet Free Report) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 8,800 shares, a decline of 44.7% from the October 15th total of 15,900 shares. Based on an average daily volume of 657,600 shares, the days-to-cover ratio is currently 0.0 days.

Atlas Copco Trading Down 0.2 %

ATLKY opened at $16.11 on Thursday. The stock has a fifty day moving average of $17.65 and a 200-day moving average of $18.06. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.08 and a current ratio of 1.56. Atlas Copco has a 12-month low of $14.37 and a 12-month high of $20.03.

Atlas Copco (OTCMKTS:ATLKYGet Free Report) last issued its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. The firm had revenue of $4.14 billion during the quarter. As a group, research analysts predict that Atlas Copco will post 0.57 EPS for the current year.

Atlas Copco Company Profile

(Get Free Report)

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.

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