Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Update

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 554,400 shares, a growth of 455.5% from the May 15th total of 99,800 shares. Based on an average daily volume of 1,447,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company's stock are short sold.

Atlas Copco Stock Down 1.8%

ATLKY traded down $0.29 on Friday, reaching $16.08. The company's stock had a trading volume of 257,671 shares, compared to its average volume of 457,078. The stock has a market cap of $78.39 billion, a price-to-earnings ratio of 27.72, a price-to-earnings-growth ratio of 4.99 and a beta of 1.37. Atlas Copco has a 1 year low of $13.41 and a 1 year high of $19.65. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.72 and a quick ratio of 1.20. The business's 50 day moving average is $15.98 and its 200 day moving average is $16.30.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.13 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 analysts' expectations of $45.27 billion. As a group, research analysts forecast that Atlas Copco will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Redburn Atlantic downgraded Atlas Copco from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th.

About Atlas Copco

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.