AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $19.21 and traded as high as $19.33. AB SKF (publ) shares last traded at $19.33, with a volume of 49,700 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Citigroup raised AB SKF (publ) to a "hold" rating in a report on Friday, October 11th.
Read Our Latest Stock Analysis on SKFRY
AB SKF (publ) Stock Down 0.2 %
The stock has a 50 day moving average price of $19.21 and a 200 day moving average price of $19.04. The company has a quick ratio of 1.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $8.80 billion, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 1.26 and a beta of 1.20.
AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) last posted its earnings results on Wednesday, October 30th. The industrial products company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. AB SKF (publ) had a net margin of 5.69% and a return on equity of 13.98%. The business had revenue of $2.27 billion for the quarter. As a group, analysts forecast that AB SKF will post 1.26 EPS for the current year.
AB SKF (publ) Company Profile
(
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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.
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