Epiroc AB (publ) (OTCMKTS:EPOKY) Reaches New 1-Year Low - Here's Why

Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as $16.86 and last traded at $17.44, with a volume of 204561 shares. The stock had previously closed at $17.46.

Analysts Set New Price Targets

Separately, Barclays raised shares of Epiroc AB (publ) from a "strong sell" rating to a "strong-buy" rating in a research report on Wednesday, December 4th.

Epiroc AB (publ) Price Performance

The firm has a market cap of $21.05 billion, a price-to-earnings ratio of 25.65, a P/E/G ratio of 9.37 and a beta of 1.51. The company has a current ratio of 2.06, a quick ratio of 1.12 and a debt-to-equity ratio of 0.46. The stock's fifty day moving average price is $18.76 and its 200-day moving average price is $19.21.

Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) last posted its earnings results on Friday, October 25th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.02. The company had revenue of $1.51 billion for the quarter. Epiroc AB (publ) had a return on equity of 22.16% and a net margin of 13.94%. As a group, equities research analysts forecast that Epiroc AB will post 0.71 earnings per share for the current fiscal year.

Epiroc AB (publ) Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, November 11th. Shareholders of record on Tuesday, October 22nd were given a $0.1837 dividend. The ex-dividend date was Tuesday, October 22nd. This is a boost from Epiroc AB (publ)'s previous dividend of $0.17. Epiroc AB (publ)'s dividend payout ratio (DPR) is currently 25.00%.

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.