Sandvik AB (publ) (OTCMKTS:SDVKY – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 5,600 shares, a growth of 5,500.0% from the May 31st total of 100 shares. Based on an average daily trading volume, of 68,400 shares, the days-to-cover ratio is presently 0.1 days.
Sandvik AB (publ) Price Performance
Shares of OTCMKTS SDVKY traded up $0.12 during mid-day trading on Friday, reaching $20.06. The company’s stock had a trading volume of 70,594 shares, compared to its average volume of 124,974. The stock has a 50-day moving average of $21.14 and a two-hundred day moving average of $21.49. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.83 and a current ratio of 1.62. The stock has a market capitalization of $25.16 billion, a P/E ratio of 20.90, a P/E/G ratio of 2.57 and a beta of 1.54. Sandvik AB has a 1-year low of $16.31 and a 1-year high of $23.50.
Sandvik AB (publ) (OTCMKTS:SDVKY – Get Free Report) last released its quarterly earnings data on Monday, April 22nd. The industrial products company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.16. Sandvik AB (publ) had a net margin of 10.18% and a return on equity of 17.16%. The company had revenue of $2.79 billion during the quarter. On average, equities research analysts anticipate that Sandvik AB will post 1.24 EPS for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
Separately, DNB Markets raised Sandvik AB (publ) from a “hold” rating to a “buy” rating in a research note on Thursday, June 13th.
View Our Latest Stock Analysis on SDVKY
Sandvik AB (publ) Company Profile
Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as crushers, screens, hydraulic breakers, demolition tools, and breaker booms.
Featured Stories
- Five stocks we like better than Sandvik AB (publ)
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- Manufacturing Stocks Investing
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Sandvik AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandvik AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.