Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Grows By 467.7%

Atlas Copco AB (OTCMKTS:ATLKY) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 35,200 shares, a growth of 467.7% from the January 31st total of 6,200 shares. Based on an average daily trading volume, of 249,200 shares, the short-interest ratio is currently 0.1 days.

Atlas Copco Price Performance

Atlas Copco stock traded down $0.48 during midday trading on Friday, reaching $16.86. 2,202,574 shares of the stock traded hands, compared to its average volume of 276,857. The stock has a market cap of $82.19 billion, a P/E ratio of 29.07, a PEG ratio of 4.99 and a beta of 1.16. The stock’s fifty day moving average is $16.47 and its 200-day moving average is $16.96. The company has a quick ratio of 1.20, a current ratio of 1.72 and a debt-to-equity ratio of 0.28. Atlas Copco has a 12 month low of $15.00 and a 12 month high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last posted its earnings results on Tuesday, January 28th. The industrial products company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a return on equity of 28.31% and a net margin of 16.84%. As a group, equities research analysts anticipate that Atlas Copco will post 0.55 EPS for the current year.

Atlas Copco Company Profile

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.