Atlas Copco (OTCMKTS:ATLKY) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Atlas Copco AB (OTCMKTS:ATLKY)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.99 and traded as low as $15.47. Atlas Copco shares last traded at $15.56, with a volume of 127,787 shares.

Atlas Copco Stock Performance

The company has a quick ratio of 1.08, a current ratio of 1.56 and a debt-to-equity ratio of 0.30. The company has a market cap of $75.79 billion, a PE ratio of 27.79, a price-to-earnings-growth ratio of 3.98 and a beta of 1.19. The firm has a fifty day simple moving average of $17.53 and a 200-day simple moving average of $17.99.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $4.14 billion for the quarter. Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. On average, research analysts forecast that Atlas Copco AB will post 0.57 EPS for the current fiscal year.

About Atlas Copco

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.