Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Decreases By 15.8%

Epiroc AB (publ) (OTCMKTS:EPOKYGet Free Report) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 1,600 shares, a drop of 15.8% from the November 15th total of 1,900 shares. Based on an average trading volume of 1,062,900 shares, the short-interest ratio is currently 0.0 days.

Epiroc AB (publ) Stock Down 0.2 %

OTCMKTS:EPOKY traded down $0.04 during trading hours on Monday, reaching $18.22. 611,597 shares of the company traded hands, compared to its average volume of 192,806. The company has a current ratio of 2.06, a quick ratio of 1.12 and a debt-to-equity ratio of 0.46. The business’s 50-day moving average price is $19.08 and its two-hundred day moving average price is $19.34. Epiroc AB has a 1 year low of $17.23 and a 1 year high of $21.74. The stock has a market capitalization of $21.99 billion, a P/E ratio of 26.81, a P/E/G ratio of 9.37 and a beta of 1.51.

Epiroc AB (publ) (OTCMKTS:EPOKYGet Free Report) last posted its quarterly earnings results on Friday, October 25th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. Epiroc AB (publ) had a return on equity of 22.16% and a net margin of 13.94%. The firm had revenue of $1.51 billion during the quarter. Analysts predict that Epiroc AB will post 0.71 earnings per share for the current year.

Epiroc AB (publ) Increases Dividend

The company also recently declared a dividend, which was paid on Monday, November 11th. Stockholders of record on Tuesday, October 22nd were issued a dividend of $0.1837 per share. This is a boost from Epiroc AB (publ)’s previous dividend of $0.17. The ex-dividend date was Tuesday, October 22nd. Epiroc AB (publ)’s dividend payout ratio is presently 25.00%.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of Epiroc AB (publ) from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, December 4th.

Get Our Latest Analysis on Epiroc AB (publ)

About Epiroc AB (publ)

(Get Free Report)

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Europe, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments.

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