Shares of AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $19.22 and traded as low as $18.59. AB SKF (publ) shares last traded at $18.86, with a volume of 7,401 shares.
AB SKF (publ) Stock Up 1.1 %
The firm has a market capitalization of $8.59 billion, a P/E ratio of 14.51, a price-to-earnings-growth ratio of 1.17 and a beta of 1.22. The company's 50 day moving average is $19.22 and its 200-day moving average is $20.59.
AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) last posted its quarterly earnings results on Thursday, July 18th. The industrial products company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.08. AB SKF (publ) had a return on equity of 14.38% and a net margin of 5.68%. The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.44 billion. On average, analysts predict that AB SKF will post 1.5 EPS for the current fiscal year.
About AB SKF (publ)
(
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AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.
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