Atlas Copco (OTCMKTS:ATLKY) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Atlas Copco AB (OTCMKTS:ATLKY) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.90 and traded as low as $16.39. Atlas Copco shares last traded at $16.63, with a volume of 133,989 shares changing hands.

Atlas Copco Stock Performance

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 company has a market cap of $81.07 billion, a price-to-earnings ratio of 28.67, a PEG ratio of 4.99 and a beta of 1.21. The firm has a 50 day simple moving average of $17.13 and a 200-day simple moving average of $16.90.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. As a group, analysts predict that Atlas Copco AB will post 0.55 EPS 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.