Epiroc AB (publ) (OTCMKTS:EPOKY) Hits New 52-Week Low - Here's Why

Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $16.79 and last traded at $17.03, with a volume of 416614 shares traded. The stock had previously closed at $17.65.

Wall Street Analyst Weigh In

Separately, Dnb Nor Markets cut Epiroc AB (publ) from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 1st.

Epiroc AB (publ) Price Performance

The stock has a market cap of $23.16 billion, a P/E ratio of 28.22, a P/E/G ratio of 3.93 and a beta of 1.42. The business has a 50 day simple moving average of $19.94 and a 200-day simple moving average of $19.24. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.43 and a current ratio of 2.48.

Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. Epiroc AB (publ) had a net margin of 13.74% and a return on equity of 21.50%. On average, sell-side analysts forecast that Epiroc AB will post 0.79 EPS for the current year.

About Epiroc AB (publ)

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Europe, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments.