Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 243.0% in March

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 41,500 shares, a growth of 243.0% from the March 15th total of 12,100 shares. Based on an average daily volume of 442,200 shares, the days-to-cover ratio is currently 0.1 days.

Atlas Copco Trading Down 1.2 %

OTCMKTS ATLKY traded down $0.21 during mid-day trading on Wednesday, reaching $17.03. 2,251,612 shares of the stock were exchanged, compared to its average volume of 332,025. Atlas Copco has a 1-year low of $12.13 and a 1-year high of $18.06. The business's fifty day simple moving average is $17.06 and its 200 day simple moving average is $15.69. The stock has a market capitalization of $83.97 billion, a PE ratio of 30.96, a PEG ratio of 5.03 and a beta of 1.30. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.05 and a current ratio of 1.59.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last announced its earnings results on Thursday, January 25th. The industrial products company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.02). Atlas Copco had a return on equity of 31.52% and a net margin of 16.24%. The firm had revenue of $4.22 billion for the quarter. On average, research analysts anticipate that Atlas Copco will post 0.55 earnings per share for the current fiscal year.

Atlas Copco Company Profile

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.