Epiroc AB (publ) (OTCMKTS:EPOKY) Downgraded to “Hold” Rating by Dnb Nor Markets

Epiroc AB (publ) (OTCMKTS:EPOKY) was downgraded by equities research analysts at Dnb Nor Markets from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

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

Epiroc AB (publ) Trading Down 3.5 %

OTCMKTS EPOKY opened at $19.28 on Tuesday. The company has a market cap of $23.27 billion, a P/E ratio of 28.35, a P/E/G ratio of 3.93 and a beta of 1.50. Epiroc AB has a 12 month low of $16.82 and a 12 month high of $21.74. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.48 and a quick ratio of 1.43. The company has a 50-day moving average of $20.14 and a 200-day moving average of $19.31.

Epiroc AB (publ) (OTCMKTS:EPOKY) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. Epiroc AB (publ) had a net margin of 13.74% and a return on equity of 21.50%. As a group, equities analysts predict that Epiroc AB will post 0.79 earnings per share for the current year.

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.