Atlas Copco (OTCMKTS:ATLKY) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Atlas Copco AB (OTCMKTS:ATLKY)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.18 and traded as low as $15.61. Atlas Copco shares last traded at $15.76, with a volume of 300,269 shares changing hands.

Atlas Copco Stock Up 0.8 %

The firm’s 50 day moving average price is $15.90 and its two-hundred day moving average price is $17.17. The company has a quick ratio of 1.08, a current ratio of 1.56 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $76.83 billion, a PE ratio of 28.14, a P/E/G ratio of 4.57 and a beta of 1.16.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company had revenue of $4.14 billion for the quarter. Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. As a group, research analysts forecast that Atlas Copco AB will post 0.55 EPS 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.