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Atlas Copco (OTCMKTS:ATLKY) Stock Crosses Above Fifty Day Moving Average - Here's What Happened

Atlas Copco logo with Industrial Products background

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.89 and traded as high as $17.32. Atlas Copco shares last traded at $17.31, with a volume of 169,406 shares trading hands.

Atlas Copco Stock Up 1.0 %

The stock has a fifty day moving average price of $15.91 and a 200-day moving average price of $17.04. The firm has a market cap of $84.39 billion, a PE ratio of 30.91, a PEG ratio of 4.55 and a beta of 1.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.08 and a current ratio of 1.56.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. The firm had revenue of $4.14 billion during the quarter. Research analysts expect that Atlas Copco AB will post 0.55 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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