Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Declines By 36.9%

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 22,200 shares, a drop of 36.9% from the February 13th total of 35,200 shares. Based on an average daily volume of 1,928,200 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Atlas Copco Stock Up 2.6 %

Atlas Copco stock opened at $17.65 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.20 and a current ratio of 1.72. Atlas Copco has a 52-week low of $15.00 and a 52-week high of $20.03. The firm has a 50 day moving average price of $16.97 and a two-hundred day moving average price of $16.94. The firm has a market cap of $86.04 billion, a price-to-earnings ratio of 30.43, a PEG ratio of 4.99 and a beta of 1.21.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings results on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. Equities analysts predict that Atlas Copco will post 0.55 EPS 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.