Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Declines By 36.9%

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 22,200 shares, a drop of 36.9% from the February 13th total of 35,200 shares. Based on an average daily volume of 1,928,200 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Atlas Copco Stock Performance

OTCMKTS ATLKY opened at $17.65 on Monday. The company has a fifty day simple moving average of $16.97 and a 200 day simple moving average of $16.94. Atlas Copco has a 12-month low of $15.00 and a 12-month high of $20.03. The company has a current ratio of 1.72, a quick ratio of 1.20 and a debt-to-equity ratio of 0.28. The company has a market cap of $86.04 billion, a P/E ratio of 30.43, a PEG ratio of 4.99 and a beta of 1.21.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings results on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. Sell-side analysts predict that Atlas Copco will post 0.55 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.