Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Declines By 55.7%

Atlas Copco AB (OTCMKTS:ATLKYGet Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 26,800 shares, a drop of 55.7% from the April 30th total of 60,500 shares. Based on an average daily volume of 268,400 shares, the days-to-cover ratio is presently 0.1 days.

Atlas Copco Price Performance

Shares of OTCMKTS ATLKY opened at $19.00 on Wednesday. The business has a fifty day moving average of $17.68 and a two-hundred day moving average of $16.82. Atlas Copco has a 52-week low of $12.33 and a 52-week high of $19.37. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.71 and a quick ratio of 1.15.

Atlas Copco (OTCMKTS:ATLKYGet Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $4.13 billion during the quarter. Atlas Copco had a return on equity of 30.63% and a net margin of 16.33%. As a group, research analysts forecast that Atlas Copco will post 0.57 EPS for the current year.

Atlas Copco Company Profile

(Get Free Report)

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.

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