Shares of Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) saw unusually-high trading volume on Friday . Approximately 1,876,421 shares traded hands during mid-day trading, an increase of 283% from the previous session's volume of 490,284 shares.The stock last traded at $16.77 and had previously closed at $17.16.
Wall Street Analysts Forecast Growth
Separately, Redburn Atlantic lowered shares of Atlas Copco from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th.
View Our Latest Report on Atlas Copco
Atlas Copco Stock Down 1.6%
The business's fifty day moving average is $16.30 and its two-hundred day moving average is $16.35. The company has a market cap of $80.34 billion, a P/E ratio of 28.91, a price-to-earnings-growth ratio of 19.82 and a beta of 1.35. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.23 and a current ratio of 1.74.
Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $45.27 billion. Atlas Copco had a net margin of 16.53% and a return on equity of 27.36%. Equities analysts predict that Atlas Copco AB will post 0.55 EPS for the current year.
Atlas Copco Company Profile
(
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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.
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