Epiroc AB (publ) (OTCMKTS:EPOKY) Short Interest Up 25.0% in December

Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,000 shares, an increase of 25.0% from the November 30th total of 1,600 shares. Based on an average trading volume of 380,100 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

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

Epiroc AB (publ) Price Performance

Shares of Epiroc AB (publ) stock traded down $0.08 on Tuesday, reaching $17.36. The company's stock had a trading volume of 212,034 shares, compared to its average volume of 199,188. Epiroc AB has a 52-week low of $16.86 and a 52-week high of $21.74. The company has a market capitalization of $20.95 billion, a P/E ratio of 25.53, a PEG ratio of 9.37 and a beta of 1.51. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.46. The stock has a 50-day moving average price of $18.56 and a 200-day moving average price of $19.12.

Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) last announced its earnings results on Friday, October 25th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. Epiroc AB (publ) had a net margin of 13.94% and a return on equity of 22.16%. The business had revenue of $1.51 billion for the quarter. Analysts expect that Epiroc AB will post 0.71 EPS for the current year.

Epiroc AB (publ) Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, November 11th. Stockholders of record on Tuesday, October 22nd were paid a $0.1837 dividend. This is an increase from Epiroc AB (publ)'s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, October 22nd. 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.