Epiroc AB (publ) (OTCMKTS:EPOKY) Short Interest Down 15.8% in November

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 1,600 shares, a decrease of 15.8% from the November 15th total of 1,900 shares. Based on an average trading volume of 1,062,900 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Barclays upgraded Epiroc AB (publ) from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 4th.

Epiroc AB (publ) Trading Down 0.2 %

Shares of EPOKY stock traded down $0.04 on Monday, reaching $18.22. 611,597 shares of the stock were exchanged, compared to its average volume of 192,806. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.46. The stock has a market cap of $21.99 billion, a P/E ratio of 26.79, a price-to-earnings-growth ratio of 9.37 and a beta of 1.51. The firm has a 50 day moving average of $19.08 and a two-hundred day moving average of $19.34. Epiroc AB has a 1-year low of $17.23 and a 1-year high of $21.74.

Epiroc AB (publ) (OTCMKTS:EPOKY) last released its quarterly earnings data on Friday, October 25th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. Epiroc AB (publ) had a net margin of 13.94% and a return on equity of 22.16%. The company had revenue of $1.51 billion during the quarter. On average, research analysts anticipate that Epiroc AB will post 0.71 EPS for the current year.

Epiroc AB (publ) Increases Dividend

The business also recently announced a dividend, which was paid on Monday, November 11th. Investors of record on Tuesday, October 22nd were issued a dividend of $0.1837 per share. This is an increase from Epiroc AB (publ)’s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, October 22nd. Epiroc AB (publ)’s dividend payout ratio (DPR) is presently 25.00%.

About Epiroc AB (publ)

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Europe, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments.