Atlas Copco (OTCMKTS:ATLKY) Hits New 12-Month Low – Here’s Why

Atlas Copco AB (OTCMKTS:ATLKY)’s share price reached a new 52-week low on Thursday . The company traded as low as $15.45 and last traded at $15.49, with a volume of 263132 shares traded. The stock had previously closed at $15.64.

Atlas Copco Price Performance

The company has a market capitalization of $74.88 billion, a P/E ratio of 27.43, a PEG ratio of 4.57 and a beta of 1.16. The stock’s fifty day simple moving average is $16.41 and its 200-day simple moving average is $17.58. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 1.08.

Atlas Copco (OTCMKTS:ATLKY) last announced its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The business had revenue of $4.14 billion for the quarter. Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. On average, equities analysts forecast that Atlas Copco AB will post 0.55 earnings per share 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.