Shares of Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $16.13 and traded as high as $16.17. Atlas Copco shares last traded at $16.16, with a volume of 152,911 shares.
Analysts Set New Price Targets
Separately, Redburn Atlantic lowered shares of Atlas Copco from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th.
Read Our Latest Stock Report on ATLKY
Atlas Copco Stock Performance
The company has a debt-to-equity ratio of 0.25, a current ratio of 1.74 and a quick ratio of 1.23. The firm has a market capitalization of $80.54 billion, a price-to-earnings ratio of 28.98, a PEG ratio of 28.02 and a beta of 1.35. The firm's fifty day moving average is $16.13 and its 200 day moving average is $16.27.
Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last announced its earnings results on Tuesday, April 29th. The industrial products company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.01). Atlas Copco had a return on equity of 27.36% and a net margin of 16.53%. The firm had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $45.27 billion. On average, analysts predict that Atlas Copco AB will post 0.55 EPS for the current fiscal year.
About Atlas Copco
(
Get Free Report)
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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