Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 1,600 shares, a decline of 15.8% from the November 15th total of 1,900 shares. Based on an average trading volume of 1,062,900 shares, the days-to-cover ratio is currently 0.0 days.
Wall Street Analyst Weigh In
Separately, Barclays raised shares of Epiroc AB (publ) from a "strong sell" rating to a "strong-buy" rating in a report on Wednesday, December 4th.
Get Our Latest Analysis on EPOKY
Epiroc AB (publ) Trading Down 0.2 %
Shares of EPOKY traded down $0.04 during trading hours on Monday, hitting $18.22. The company had a trading volume of 611,597 shares, compared to its average volume of 192,806. The firm has a market cap of $21.99 billion, a P/E ratio of 26.81, a P/E/G ratio of 9.37 and a beta of 1.51. Epiroc AB has a 52-week low of $17.23 and a 52-week high of $21.74. The stock's 50 day moving average price is $19.08 and its 200 day moving average price is $19.34. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.46.
Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) last posted its earnings results on Friday, October 25th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. Epiroc AB (publ) had a return on equity of 22.16% and a net margin of 13.94%. The company had revenue of $1.51 billion for the quarter. On average, research analysts predict that Epiroc AB will post 0.71 EPS for the current year.
Epiroc AB (publ) Increases Dividend
The business also recently announced a dividend, which was paid on Monday, November 11th. Stockholders of record on Tuesday, October 22nd were paid a dividend of $0.1837 per share. This is a positive change from Epiroc AB (publ)'s previous dividend of $0.17. The ex-dividend date was Tuesday, October 22nd. Epiroc AB (publ)'s payout ratio is presently 25.00%.
About Epiroc AB (publ)
(
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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.
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