Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Declines By 99.4%

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 400 shares, a drop of 99.4% from the February 28th total of 67,600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,276,700 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

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

Epiroc AB (publ) Price Performance

Shares of OTCMKTS EPOKY traded down $0.47 during midday trading on Wednesday, hitting $20.94. The stock had a trading volume of 67,728 shares, compared to its average volume of 276,000. The company has a quick ratio of 1.43, a current ratio of 2.48 and a debt-to-equity ratio of 0.45. The stock has a 50 day simple moving average of $19.87 and a 200-day simple moving average of $19.23. The company has a market capitalization of $25.27 billion, a PE ratio of 30.79, a P/E/G ratio of 3.93 and a beta of 1.50. Epiroc AB has a 1 year low of $16.82 and a 1 year high of $21.74.

Epiroc AB (publ) (OTCMKTS:EPOKY) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18. Epiroc AB (publ) had a return on equity of 21.50% and a net margin of 13.74%. On average, sell-side analysts expect that Epiroc AB will post 0.79 EPS for the current fiscal year.

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.