Atlas Copco (OTCMKTS:ATLKY) Shares Pass Above 50 Day Moving Average of $17.50

Shares of Atlas Copco AB (OTCMKTS:ATLKY) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $17.50 and traded as high as $18.17. Atlas Copco shares last traded at $18.10, with a volume of 77,713 shares traded.

Atlas Copco Stock Performance

The firm has a market cap of $88.16 billion, a P/E ratio of 32.32, a PEG ratio of 3.54 and a beta of 1.17. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average is $17.50 and its two-hundred day moving average is $17.93.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Thursday, July 18th. The industrial products company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. The firm had revenue of $4.19 billion during the quarter. Atlas Copco had a net margin of 16.59% and a return on equity of 30.38%. As a group, equities analysts predict that Atlas Copco AB will post 0.6 EPS for the current fiscal year.

Atlas Copco Company Profile

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.