Epiroc AB (publ) (OTCMKTS:EPOKY) Short Interest Up 148.0% in January

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 56,800 shares, an increase of 148.0% from the January 15th total of 22,900 shares. Based on an average trading volume of 625,800 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

Epiroc AB (publ) Price Performance

OTCMKTS:EPOKY opened at $20.08 on Friday. Epiroc AB has a 52 week low of $16.82 and a 52 week high of $21.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.12 and a current ratio of 2.06. The firm’s 50-day simple moving average is $18.35 and its 200 day simple moving average is $18.84. The firm has a market cap of $24.24 billion, a price-to-earnings ratio of 29.53, a P/E/G ratio of 3.71 and a beta of 1.52.

Epiroc AB (publ) (OTCMKTS:EPOKY) last announced its earnings results on Thursday, January 30th. The company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. Epiroc AB (publ) had a net margin of 13.74% and a return on equity of 21.97%. As a group, sell-side analysts predict that Epiroc AB will post 0.79 earnings per share for the current year.

About Epiroc AB (publ)

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.