Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Update

Atlas Copco AB (OTCMKTS:ATLKY) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 8,800 shares, a decline of 44.7% from the October 15th total of 15,900 shares. Based on an average trading volume of 657,600 shares, the short-interest ratio is presently 0.0 days.

Atlas Copco Price Performance

Shares of OTCMKTS ATLKY remained flat at $16.11 during trading on Friday. 162,370 shares of the stock traded hands, compared to its average volume of 282,770. The firm has a fifty day moving average of $17.63 and a two-hundred day moving average of $18.05. The company has a current ratio of 1.56, a quick ratio of 1.08 and a debt-to-equity ratio of 0.30. Atlas Copco has a 52-week low of $14.78 and a 52-week high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. The firm had revenue of $4.14 billion for the quarter. Equities research analysts anticipate that Atlas Copco will post 0.57 earnings per share for the current fiscal year.

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.