Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Declines By 97.3%

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 1,100 shares, a decrease of 97.3% from the March 31st total of 41,500 shares. Based on an average daily volume of 3,594,500 shares, the days-to-cover ratio is currently 0.0 days.

Atlas Copco Price Performance

Shares of Atlas Copco stock traded down $0.23 during trading on Thursday, hitting $17.37. 337,594 shares of the stock traded hands, compared to its average volume of 581,394. The company has a quick ratio of 1.05, a current ratio of 1.59 and a debt-to-equity ratio of 0.33. The stock has a market cap of $79.10 billion, a price-to-earnings ratio of 31.58, a PEG ratio of 4.08 and a beta of 1.30. The firm's fifty day moving average is $17.19 and its 200-day moving average is $15.94. Atlas Copco has a 52 week low of $12.33 and a 52 week high of $18.06.

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

About Atlas Copco

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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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