Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Down 44.7% in October

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 8,800 shares, a decline of 44.7% from the October 15th total of 15,900 shares. Based on an average daily trading volume, of 657,600 shares, the short-interest ratio is presently 0.0 days.

Atlas Copco Trading Down 0.2 %

OTCMKTS:ATLKY opened at $16.11 on Thursday. Atlas Copco has a 52 week low of $14.37 and a 52 week high of $20.03. 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 business’s 50 day moving average is $17.65 and its two-hundred day moving average is $18.06.

Atlas Copco (OTCMKTS:ATLKY) last issued its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The business had revenue of $4.14 billion during the quarter. Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. On average, research analysts predict that Atlas Copco will post 0.57 earnings per share 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.