Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Update

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 26,500 shares, a decline of 17.7% from the May 31st total of 32,200 shares. Based on an average trading volume of 247,000 shares, the days-to-cover ratio is presently 0.1 days.

Atlas Copco Price Performance

OTCMKTS ATLKY opened at $18.79 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.15 and a current ratio of 1.71. The stock’s 50 day simple moving average is $18.65 and its 200 day simple moving average is $17.43. Atlas Copco has a one year low of $12.33 and a one year high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings results on Wednesday, April 24th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.01. Atlas Copco had a net margin of 16.33% and a return on equity of 30.63%. The business had revenue of $4.13 billion for the quarter. Sell-side analysts anticipate that Atlas Copco will post 0.57 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.