Rhumbline Advisers boosted its stake in shares of Sandvik AB (publ) (OTCMKTS:SDVKY – Free Report) by 12.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 32,707 shares of the industrial products company’s stock after buying an additional 3,607 shares during the period. Rhumbline Advisers’ holdings in Sandvik AB (publ) were worth $585,000 as of its most recent filing with the SEC.
Sandvik AB (publ) Price Performance
OTCMKTS SDVKY opened at $23.46 on Friday. The firm’s 50 day moving average is $20.44 and its 200-day moving average is $20.06. The company has a quick ratio of 0.94, a current ratio of 1.79 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $29.43 billion, a PE ratio of 25.23, a price-to-earnings-growth ratio of 1.00 and a beta of 1.47. Sandvik AB has a 12-month low of $17.76 and a 12-month high of $23.50.
Sandvik AB (publ) (OTCMKTS:SDVKY – Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.30. Sandvik AB (publ) had a net margin of 9.92% and a return on equity of 16.07%. Equities research analysts anticipate that Sandvik AB will post 1.27 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Research Report on SDVKY
Sandvik AB (publ) Profile
Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as crushers, screens, hydraulic breakers, demolition tools, and breaker booms.
Further Reading
- Five stocks we like better than Sandvik AB (publ)
- Options Trading – Understanding Strike Price
- Is Myers Industries Poised for a Breakout?
- What Do S&P 500 Stocks Tell Investors About the Market?
- Is BigBear.ai’s 25% Plunge a False Alarm or Fire Sale?
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Broadcom Confirmed Its AI Outlook: Stock to Hit New Highs Soon
Want to see what other hedge funds are holding SDVKY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sandvik AB (publ) (OTCMKTS:SDVKY – Free Report).
Receive News & Ratings for Sandvik AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandvik AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.