AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 15,600 shares, an increase of 57.6% from the January 31st total of 9,900 shares. Based on an average trading volume of 36,300 shares, the days-to-cover ratio is currently 0.4 days.
AB SKF (publ) Price Performance
Shares of SKFRY traded up $1.12 during trading hours on Wednesday, reaching $23.06. 5,364 shares of the stock traded hands, compared to its average volume of 17,071. AB SKF has a 52-week low of $17.15 and a 52-week high of $23.12. The company has a current ratio of 2.01, a quick ratio of 1.13 and a debt-to-equity ratio of 0.25. The company has a market cap of $10.50 billion, a P/E ratio of 17.08, a price-to-earnings-growth ratio of 1.24 and a beta of 1.24. The company's 50-day moving average price is $20.23 and its two-hundred day moving average price is $19.48.
AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) last released its earnings results on Friday, January 31st. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.11. AB SKF (publ) had a return on equity of 13.95% and a net margin of 6.57%. On average, analysts anticipate that AB SKF will post 1.51 earnings per share for the current year.
About AB SKF (publ)
(
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AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.
Further Reading
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