Short Interest in Atlas Copco AB (OTCMKTS:ATLKY) Declines By 66.3%

Atlas Copco AB (OTCMKTS:ATLKY - Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 15,900 shares, a decline of 66.3% from the September 30th total of 47,200 shares. Based on an average daily volume of 158,000 shares, the short-interest ratio is currently 0.1 days.

Atlas Copco Stock Performance

OTCMKTS ATLKY traded down $0.07 on Friday, reaching $16.83. 111,269 shares of the company's stock traded hands, compared to its average volume of 321,121. The firm has a market cap of $81.98 billion, a price-to-earnings ratio of 30.18, a P/E/G ratio of 5.00 and a beta of 1.18. The stock has a 50 day moving average price of $18.03 and a 200-day moving average price of $18.08. Atlas Copco has a fifty-two week low of $12.63 and a fifty-two week high of $20.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.02 and a current ratio of 1.51.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The firm had revenue of $4.14 billion during the quarter. Atlas Copco had a return on equity of 30.38% and a net margin of 16.59%. Equities research analysts predict that Atlas Copco will post 0.59 EPS for the current fiscal 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.