Epiroc AB (publ) (OTCMKTS:EPOKY) Sees Significant Increase in Short Interest

Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 68,000 shares, an increase of 19.7% from the January 31st total of 56,800 shares. Based on an average daily volume of 213,100 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

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

Epiroc AB (publ) Trading Down 0.6 %

OTCMKTS EPOKY traded down $0.12 on Monday, reaching $20.99. The stock had a trading volume of 292,724 shares, compared to its average volume of 318,161. Epiroc AB has a 12-month low of $16.82 and a 12-month high of $21.74. The stock has a fifty day moving average price of $18.96 and a two-hundred day moving average price of $19.05. The firm has a market capitalization of $25.33 billion, a price-to-earnings ratio of 30.87, a P/E/G ratio of 3.93 and a beta of 1.50. The company has a quick ratio of 1.43, a current ratio of 2.48 and a debt-to-equity ratio of 0.45.

Epiroc AB (publ) (OTCMKTS:EPOKY - Get Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.18 EPS for the quarter, meeting analysts' consensus estimates of $0.18. Epiroc AB (publ) had a return on equity of 21.50% and a net margin of 13.74%. As a group, sell-side analysts forecast that Epiroc AB will post 0.79 EPS for the current fiscal year.

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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.