Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $16.36 and traded as high as $16.77. Atlas Copco shares last traded at $16.73, with a volume of 95,567 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Redburn Atlantic cut Atlas Copco from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th.
Read Our Latest Stock Analysis on Atlas Copco
Atlas Copco Stock Performance
The business has a fifty day simple moving average of $16.35 and a two-hundred day simple moving average of $16.37. 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 company has a market cap of $77.17 billion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 18.12 and a beta of 1.35.
Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last issued its quarterly earnings data on Friday, July 18th. The industrial products company reported $0.14 EPS for the quarter, meeting the consensus estimate of $0.14. Atlas Copco had a return on equity of 26.20% and a net margin of 16.22%. The firm had revenue of $4.22 billion during the quarter, compared to analyst estimates of $42.93 billion. Research analysts anticipate that Atlas Copco AB will post 0.55 earnings per share for the current 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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