Atlas Copco (OTCMKTS:ATLKY) Stock Crosses Below Two Hundred Day Moving Average - What's Next?

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $17.99 and traded as low as $15.47. Atlas Copco shares last traded at $15.56, with a volume of 127,787 shares trading hands.

Atlas Copco Price Performance

The firm's 50 day moving average is $17.49 and its 200-day moving average is $17.97. The company has a quick ratio of 1.08, a current ratio of 1.56 and a debt-to-equity ratio of 0.30.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. The company had revenue of $4.14 billion for the quarter. Equities analysts forecast that Atlas Copco AB will post 0.57 earnings per share for the current 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.