Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Decreases By 15.8%

Epiroc AB (publ) (OTCMKTS:EPOKY) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 1,600 shares, a decline of 15.8% from the November 15th total of 1,900 shares. Based on an average daily volume of 1,062,900 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Epiroc AB (publ) from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, December 4th.

Epiroc AB (publ) Stock Performance

Shares of OTCMKTS:EPOKY traded down $0.04 during trading on Monday, hitting $18.22. 611,597 shares of the company were exchanged, compared to its average volume of 192,806. Epiroc AB has a 52-week low of $17.23 and a 52-week high of $21.74. The stock has a 50 day moving average of $19.08 and a 200 day moving average of $19.34. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.06 and a quick ratio of 1.12. The company has a market cap of $21.99 billion, a PE ratio of 26.79, a P/E/G ratio of 9.37 and a beta of 1.51.

Epiroc AB (publ) (OTCMKTS:EPOKY) last released its quarterly earnings data on Friday, October 25th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. Epiroc AB (publ) had a return on equity of 22.16% and a net margin of 13.94%. The company had revenue of $1.51 billion for the quarter. As a group, equities research analysts predict that Epiroc AB will post 0.71 EPS for the current year.

Epiroc AB (publ) Increases Dividend

The company also recently declared a dividend, which was paid on Monday, November 11th. Stockholders of record on Tuesday, October 22nd were issued a $0.1837 dividend. This is an increase from Epiroc AB (publ)’s previous dividend of $0.17. The ex-dividend date was Tuesday, October 22nd. Epiroc AB (publ)’s dividend payout ratio is presently 25.00%.

Epiroc AB (publ) Company Profile

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Europe, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments.