Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 597.7% in March

Atlas Copco AB (OTCMKTS:ATLKY) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 154,900 shares, a growth of 597.7% from the February 28th total of 22,200 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 316,000 shares, the days-to-cover ratio is presently 0.5 days.

Atlas Copco Trading Up 0.6 %

ATLKY opened at $16.64 on Friday. The business’s 50-day simple moving average is $17.17 and its 200-day simple moving average is $16.90. The company has a market cap of $81.12 billion, a P/E ratio of 28.69, a PEG ratio of 4.99 and a beta of 1.21. Atlas Copco has a one year low of $15.00 and a one year high of $20.03. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.20 and a current ratio of 1.72.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. As a group, equities research analysts expect that Atlas Copco will post 0.55 EPS for the current fiscal 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.