AB SKF (publ) (OTCMKTS:SKFRY) Short Interest Update

AB SKF (publ) (OTCMKTS:SKFRY) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 20,800 shares, a growth of 33.3% from the February 13th total of 15,600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 20,700 shares, the days-to-cover ratio is currently 1.0 days.

AB SKF (publ) Price Performance

Shares of SKFRY stock traded up $0.14 during mid-day trading on Tuesday, reaching $23.03. The stock had a trading volume of 38,690 shares, compared to its average volume of 17,954. AB SKF has a 12-month low of $17.15 and a 12-month high of $24.01. The company has a current ratio of 2.01, a quick ratio of 1.13 and a debt-to-equity ratio of 0.25. The business has a 50-day simple moving average of $21.00 and a 200 day simple moving average of $19.75. The company has a market cap of $10.48 billion, a P/E ratio of 17.06, a price-to-earnings-growth ratio of 1.24 and a beta of 1.24.

AB SKF (publ) (OTCMKTS:SKFRY) last announced its earnings results on Friday, January 31st. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.11. AB SKF (publ) had a net margin of 6.57% and a return on equity of 13.95%. On average, sell-side analysts anticipate that AB SKF will post 1.51 earnings per share for the current year.

AB SKF (publ) Company Profile

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.