Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Down 66.3% in October

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 15,900 shares, a drop of 66.3% from the September 30th total of 47,200 shares. Based on an average daily volume of 158,000 shares, the short-interest ratio is presently 0.1 days.

Atlas Copco Stock Down 0.4 %

Shares of ATLKY stock opened at $16.83 on Friday. The firm’s fifty day moving average price is $18.02 and its two-hundred day moving average price is $18.09. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 0.32. Atlas Copco has a 1 year low of $12.63 and a 1 year high of $20.03. The firm has a market capitalization of $81.98 billion, a P/E ratio of 30.05, a PEG ratio of 5.00 and a beta of 1.18.

Atlas Copco (OTCMKTS:ATLKY) last released its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a net margin of 16.59% and a return on equity of 30.38%. The company had revenue of $4.14 billion during the quarter. On average, equities analysts predict that Atlas Copco will post 0.59 EPS for the current fiscal 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.