AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a decrease of 96.6% from the March 31st total of 14,700 shares. Based on an average daily volume of 149,400 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
AB SKF (publ) Price Performance
SKFRY traded up $0.27 during trading on Friday, hitting $19.23. The company's stock had a trading volume of 22,984 shares, compared to its average volume of 29,105. The firm has a market capitalization of $8.76 billion, a price-to-earnings ratio of 14.24, a P/E/G ratio of 1.24 and a beta of 1.17. The business's fifty day simple moving average is $20.44 and its 200 day simple moving average is $19.81. The company has a current ratio of 2.01, a quick ratio of 1.13 and a debt-to-equity ratio of 0.25. AB SKF has a twelve month low of $15.86 and a twelve month high of $24.01.
AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The industrial products company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04. AB SKF (publ) had a net margin of 6.57% and a return on equity of 13.95%. The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $24.86 billion. On average, equities research analysts forecast that AB SKF will post 1.51 EPS for the current fiscal year.
AB SKF (publ) Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider AB SKF (publ), you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AB SKF (publ) wasn't on the list.
While AB SKF (publ) currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
