AB SKF (publ) (OTCMKTS:SKFRY) Short Interest Update

AB SKF (publ) (OTCMKTS:SKFRY) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 20,800 shares, an increase of 33.3% from the February 13th total of 15,600 shares. Based on an average daily trading volume, of 20,700 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the shares of the company are short sold.

AB SKF (publ) Stock Performance

Shares of SKFRY stock traded up $0.14 during mid-day trading on Tuesday, hitting $23.03. The stock had a trading volume of 38,690 shares, compared to its average volume of 17,954. AB SKF has a fifty-two week low of $17.15 and a fifty-two week high of $24.01. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.01 and a quick ratio of 1.13. The company’s 50-day simple moving average is $21.00 and its 200-day simple moving average is $19.75. The firm has a market cap of $10.48 billion, a PE ratio of 17.06, a PEG ratio of 1.24 and a beta of 1.24.

AB SKF (publ) (OTCMKTS:SKFRY) last announced its quarterly earnings data on Friday, January 31st. The industrial products company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.11. AB SKF (publ) had a return on equity of 13.95% and a net margin of 6.57%. Sell-side analysts anticipate that AB SKF will post 1.51 earnings per share for the current year.

AB SKF (publ) Company Profile

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.