Epiroc AB (publ) (OTCMKTS:EPOKY) Short Interest Down 77.3% in June

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 1,700 shares, a decrease of 77.3% from the June 15th total of 7,500 shares. Based on an average daily trading volume, of 155,500 shares, the short-interest ratio is currently 0.0 days.

Epiroc AB (publ) Trading Up 2.9 %

Shares of EPOKY traded up $0.57 during trading hours on Friday, hitting $20.40. The stock had a trading volume of 47,019 shares, compared to its average volume of 170,013. Epiroc AB has a 12-month low of $16.14 and a 12-month high of $21.73. The firm has a market cap of $23.82 billion, a P/E ratio of 28.34, a P/E/G ratio of 8.58 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.68 and a current ratio of 2.84. The company’s fifty day simple moving average is $20.31 and its 200 day simple moving average is $19.34.

Epiroc AB (publ) (OTCMKTS:EPOKY) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.01. Epiroc AB (publ) had a return on equity of 24.32% and a net margin of 15.09%. The business had revenue of $1.36 billion for the quarter. Equities research analysts forecast that Epiroc AB will post 0.71 EPS for the current fiscal year.

Epiroc AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Thursday, May 16th were paid a dividend of $0.1731 per share. This is an increase from Epiroc AB (publ)’s previous dividend of $0.15. The ex-dividend date was Wednesday, May 15th. Epiroc AB (publ)’s payout ratio is currently 29.17%.

Epiroc AB (publ) Company Profile

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.