Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Increases By 556.2%

Atlas Copco AB (OTCMKTS:ATLKY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 106,300 shares, a growth of 556.2% from the December 31st total of 16,200 shares. Based on an average daily volume of 448,500 shares, the short-interest ratio is presently 0.2 days.

Atlas Copco Price Performance

ATLKY stock traded down $0.68 during trading on Tuesday, hitting $16.54. The company had a trading volume of 130,383 shares, compared to its average volume of 241,740. The firm has a market capitalization of $80.63 billion, a price-to-earnings ratio of 29.54, a P/E/G ratio of 4.55 and a beta of 1.16. The company has a current ratio of 1.56, a quick ratio of 1.08 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average of $15.97 and a 200 day moving average of $17.00. Atlas Copco has a fifty-two week low of $15.00 and a fifty-two week high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data 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 16.37% and a return on equity of 29.00%. As a group, research analysts predict that Atlas Copco will post 0.55 earnings per share for the current year.

About Atlas Copco

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.