AB SKF (OTCMKTS:SKFRY - Get Free Report) shares traded up 0.6% during trading on Wednesday . The company traded as high as $22.89 and last traded at $22.45. 9,260 shares traded hands during trading, a decline of 19% from the average session volume of 11,439 shares. The stock had previously closed at $22.31.
Analyst Upgrades and Downgrades
Separately, Barclays downgraded AB SKF from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 24th.
Get Our Latest Stock Report on AB SKF
AB SKF Stock Performance
The stock has a market capitalization of $10.61 billion, a P/E ratio of 17.64, a P/E/G ratio of 2.01 and a beta of 1.15. The stock has a 50 day moving average of $21.19 and a 200 day moving average of $20.54. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.18 and a current ratio of 2.05.
AB SKF (OTCMKTS:SKFRY - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The industrial products company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. AB SKF had a return on equity of 14.16% and a net margin of 6.51%. The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $24.86 billion. Equities analysts predict that AB SKF will post 1.51 EPS for the current year.
AB SKF Company Profile
(
Get Free Report)
AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.
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