Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Down 65.7% in March

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 53,200 shares, a drop of 65.7% from the March 15th total of 154,900 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 276,700 shares, the short-interest ratio is presently 0.2 days.

Atlas Copco Stock Performance

Shares of OTCMKTS:ATLKY traded up $0.19 during trading on Friday, reaching $15.44. 179,596 shares of the stock were exchanged, compared to its average volume of 426,099. The firm has a market cap of $75.27 billion, a PE ratio of 26.62, a PEG ratio of 4.99 and a beta of 1.30. The company has a current ratio of 1.72, a quick ratio of 1.20 and a debt-to-equity ratio of 0.28. Atlas Copco has a 12 month low of $13.41 and a 12 month high of $20.03. The stock has a 50-day moving average price of $16.55 and a 200-day moving average price of $16.53.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. Atlas Copco had a return on equity of 28.31% and a net margin of 16.84%. Research analysts expect that Atlas Copco will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Redburn Atlantic cut Atlas Copco from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th.

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.