Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Update

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) saw a large growth in short interest in 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 trading volume, of 1,447,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company's shares are sold short.

Atlas Copco Trading Down 1.4%

Shares of Atlas Copco stock traded down $0.23 during trading on Thursday, reaching $16.28. 3,219,678 shares of the company were exchanged, compared to its average volume of 448,134. The company has a quick ratio of 1.20, a current ratio of 1.72 and a debt-to-equity ratio of 0.28. Atlas Copco has a twelve month low of $13.41 and a twelve month high of $20.03. The business has a 50-day moving average price of $15.88 and a 200-day moving average price of $16.29. The firm has a market capitalization of $79.37 billion, a price-to-earnings ratio of 28.07, a P/E/G ratio of 4.99 and a beta of 1.37.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last announced its quarterly earnings data 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 return on equity of 28.31% and a net margin of 16.84%. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $45.27 billion. Sell-side analysts anticipate that Atlas Copco will post 0.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.