Atlas Copco (OTCMKTS:ATLKY) Shares Cross Above 50-Day Moving Average – Time to Sell?

Atlas Copco AB (OTCMKTS:ATLKY) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $15.89 and traded as high as $17.32. Atlas Copco shares last traded at $17.31, with a volume of 169,406 shares.

Atlas Copco Trading Up 1.6 %

The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 1.08. The firm has a market cap of $85.75 billion, a price-to-earnings ratio of 31.41, a price-to-earnings-growth ratio of 4.55 and a beta of 1.16. The firm’s fifty day moving average is $15.94 and its 200-day moving average is $17.03.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) 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. Equities analysts anticipate that Atlas Copco AB will post 0.55 earnings per share 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.