Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $16.33 and traded as low as $15.29. Atlas Copco shares last traded at $15.73, with a volume of 540,005 shares trading hands.
Analysts Set New Price Targets
Separately, Redburn Atlantic cut shares of Atlas Copco from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th.
Check Out Our Latest Analysis on Atlas Copco
Atlas Copco Stock Performance
The company's 50-day moving average is $16.20 and its two-hundred day moving average is $16.33. The firm has a market cap of $76.68 billion, a P/E ratio of 27.12, 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 (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 (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $45.27 billion. As a group, equities 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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