Atlas Copco (OTCMKTS:ATLKY) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Atlas Copco AB (OTCMKTS:ATLKY) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.99 and traded as low as $15.47. Atlas Copco shares last traded at $15.56, with a volume of 127,787 shares.

Atlas Copco Stock Up 0.8 %

The company has a fifty day moving average price of $17.49 and a two-hundred day moving average price of $17.97. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 1.08.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. The firm had revenue of $4.14 billion during the quarter. On average, equities research analysts expect that Atlas Copco AB will post 0.57 EPS for the current 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.