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

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 35,500 shares, a growth of 23.7% from the August 31st total of 28,700 shares. Based on an average daily volume of 329,000 shares, the short-interest ratio is currently 0.1 days.

Atlas Copco Stock Performance

Shares of ATLKY stock opened at $19.53 on Monday. Atlas Copco has a 1 year low of $12.33 and a 1 year high of $20.03. The stock has a market cap of $95.13 billion, a PE ratio of 34.88, a P/E/G ratio of 4.82 and a beta of 1.17. The stock has a fifty day moving average price of $17.58 and a 200 day moving average price of $17.97. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.02 and a current ratio of 1.51.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings data on Thursday, July 18th. The industrial products company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.14 by $0.01. The business had revenue of $4.19 billion for the quarter. Atlas Copco had a net margin of 16.59% and a return on equity of 30.38%. Sell-side analysts forecast that Atlas Copco will post 0.59 earnings per share 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.