Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Down 88.5% in November

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 1,000 shares, a decrease of 88.5% from the November 15th total of 8,700 shares. Based on an average trading volume of 548,700 shares, the days-to-cover ratio is presently 0.0 days.

Atlas Copco Trading Down 1.3 %

Atlas Copco stock traded down $0.21 during midday trading on Wednesday, hitting $16.27. 112,217 shares of the stock were exchanged, compared to its average volume of 308,370. Atlas Copco has a fifty-two week low of $15.47 and a fifty-two week high of $20.03. The stock has a market capitalization of $79.25 billion, a price-to-earnings ratio of 29.05, a PEG ratio of 4.60 and a beta of 1.16. The stock’s 50-day simple moving average is $16.88 and its 200 day simple moving average is $17.73. 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 announced its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. The business had revenue of $4.14 billion during the quarter. On average, equities analysts anticipate 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.