AB SKF (publ) (OTCMKTS:SKFRY) Short Interest Down 25.5% in March

AB SKF (publ) (OTCMKTS:SKFRY) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 15,500 shares, a decrease of 25.5% from the February 28th total of 20,800 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 36,100 shares, the days-to-cover ratio is presently 0.4 days.

AB SKF (publ) Trading Down 2.2 %

Shares of OTCMKTS SKFRY traded down $0.46 during midday trading on Monday, hitting $20.77. The stock had a trading volume of 10,910 shares, compared to its average volume of 18,071. The firm has a market cap of $9.46 billion, a P/E ratio of 15.39, a price-to-earnings-growth ratio of 1.24 and a beta of 1.24. AB SKF has a fifty-two week low of $17.15 and a fifty-two week high of $24.01. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.01 and a quick ratio of 1.13. The company’s 50-day simple moving average is $21.49 and its 200 day simple moving average is $20.00.

AB SKF (publ) (OTCMKTS:SKFRY) last announced its quarterly earnings data on Friday, January 31st. The industrial products company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.11. AB SKF (publ) had a return on equity of 13.95% and a net margin of 6.57%. Research analysts anticipate that AB SKF will post 1.51 EPS 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.