Epiroc AB (publ) (OTCMKTS:EPOKY) Short Interest Down 77.3% in June

Epiroc AB (publ) (OTCMKTS:EPOKY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 1,700 shares, a decrease of 77.3% from the June 15th total of 7,500 shares. Based on an average trading volume of 155,500 shares, the days-to-cover ratio is currently 0.0 days.

Epiroc AB (publ) Price Performance

Shares of EPOKY traded up $0.57 during mid-day trading on Friday, hitting $20.40. The company’s stock had a trading volume of 47,019 shares, compared to its average volume of 170,013. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.84 and a quick ratio of 1.68. The firm has a 50-day moving average price of $20.31 and a 200 day moving average price of $19.34. Epiroc AB has a fifty-two week low of $16.14 and a fifty-two week high of $21.73. The stock has a market capitalization of $23.82 billion, a price-to-earnings ratio of 28.34, a PEG ratio of 8.58 and a beta of 1.55.

Epiroc AB (publ) (OTCMKTS:EPOKY) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.01. The firm had revenue of $1.36 billion for the quarter. Epiroc AB (publ) had a net margin of 15.09% and a return on equity of 24.32%. On average, research analysts predict that Epiroc AB will post 0.71 EPS for the current fiscal year.

Epiroc AB (publ) Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 5th. Investors of record on Thursday, May 16th were issued a $0.1731 dividend. This is a boost from Epiroc AB (publ)’s previous dividend of $0.15. The ex-dividend date of this dividend was Wednesday, May 15th. Epiroc AB (publ)’s payout ratio is presently 29.17%.

Epiroc AB (publ) Company Profile

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.