Atlas Copco AB (OTCMKTS:ATLKY) Sees Large Drop in Short Interest

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 6,200 shares, a decline of 97.1% from the January 15th total of 217,400 shares. Based on an average trading volume of 488,200 shares, the days-to-cover ratio is presently 0.0 days.

Atlas Copco Trading Up 0.6 %

OTCMKTS:ATLKY traded up $0.10 during trading hours on Wednesday, hitting $17.14. 70,848 shares of the company were exchanged, compared to its average volume of 227,714. The company has a fifty day simple moving average of $16.19 and a 200 day simple moving average of $16.92. Atlas Copco has a one year low of $15.00 and a one year high of $20.03. The stock has a market capitalization of $83.57 billion, a price-to-earnings ratio of 29.56, a price-to-earnings-growth ratio of 4.90 and a beta of 1.16. The company has a current ratio of 1.56, a quick ratio of 1.08 and a debt-to-equity ratio of 0.30.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a return on equity of 29.11% and a net margin of 16.84%. Sell-side analysts expect that Atlas Copco will post 0.55 EPS for the current fiscal 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.