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

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a significant drop in short interest in 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 trading volume of 1,928,200 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Atlas Copco Price Performance

Shares of ATLKY opened at $17.65 on Friday. The firm has a market cap of $86.04 billion, a PE ratio of 30.43, a PEG ratio of 4.99 and a beta of 1.21. The firm’s 50 day moving average price is $16.97 and its 200 day moving average price is $16.94. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.20 and a current ratio of 1.72. Atlas Copco has a twelve month low of $15.00 and a twelve month high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share 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%. As a group, research analysts expect that Atlas Copco will post 0.55 EPS 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.