Atlas Copco (OTCMKTS:ATLKY) Sets New 12-Month Low – What’s Next?

Atlas Copco AB (OTCMKTS:ATLKY) reached a new 52-week low on Wednesday . The company traded as low as $15.00 and last traded at $15.35, with a volume of 145041 shares changing hands. The stock had previously closed at $15.34.

Atlas Copco Stock Performance

The firm has a market capitalization of $75.39 billion, a P/E ratio of 27.61, a price-to-earnings-growth ratio of 4.57 and a beta of 1.16. The company has a 50-day moving average of $16.21 and a 200-day moving average of $17.46. 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 issued 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 return on equity of 29.00% and a net margin of 16.37%. The company had revenue of $4.14 billion for the quarter. On average, equities analysts anticipate that Atlas Copco AB 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.