Atlas Copco (OTCMKTS:ATLKY) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Atlas Copco AB (OTCMKTS:ATLKY)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.18 and traded as low as $15.61. Atlas Copco shares last traded at $15.76, with a volume of 300,269 shares traded.

Atlas Copco Trading Up 0.8 %

The stock’s fifty day moving average price is $15.90 and its 200 day moving average price is $17.17. The stock has a market capitalization of $76.83 billion, a P/E ratio of 28.14, a PEG 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 (OTCMKTS:ATLKY) last released its quarterly earnings data 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). The business had revenue of $4.14 billion for the quarter. Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. Research analysts forecast that Atlas Copco AB will post 0.55 earnings per share 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.