Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Declines By 97.1%

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 6,200 shares, a drop of 97.1% from the January 15th total of 217,400 shares. Based on an average daily trading volume, of 488,200 shares, the days-to-cover ratio is currently 0.0 days.

Atlas Copco Stock Up 0.3 %

Shares of OTCMKTS ATLKY traded up $0.06 during mid-day trading on Friday, reaching $17.54. 85,284 shares of the company's stock traded hands, compared to its average volume of 222,352. Atlas Copco has a 1-year low of $15.00 and a 1-year high of $20.03. The stock has a market cap of $85.51 billion, a P/E ratio of 30.24, a PEG ratio of 4.90 and a beta of 1.16. The business has a 50-day simple moving average of $16.25 and a 200 day simple moving average of $16.93. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 1.08.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 29.11%. On average, analysts expect that Atlas Copco will post 0.55 EPS for the current fiscal year.

About Atlas Copco

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.