Epiroc AB (publ) (OTCMKTS:EPOKY) Short Interest Down 51.3% in June

Epiroc AB (publ) (OTCMKTS:EPOKY) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 7,500 shares, a decrease of 51.3% from the May 31st total of 15,400 shares. Based on an average daily volume of 133,300 shares, the short-interest ratio is currently 0.1 days.

Epiroc AB (publ) Stock Up 0.4 %

EPOKY stock traded up $0.08 during trading hours on Friday, reaching $19.88. 56,030 shares of the stock were exchanged, compared to its average volume of 71,310. The firm’s 50-day moving average is $20.11 and its 200-day moving average is $19.33. The company has a market cap of $24.13 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 8.66 and a beta of 1.58. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.84 and a quick ratio of 1.68. Epiroc AB has a 12 month low of $16.14 and a 12 month high of $21.73.

Epiroc AB (publ) (OTCMKTS:EPOKY) last released its earnings results on Tuesday, April 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Epiroc AB (publ) had a return on equity of 24.32% and a net margin of 15.09%. The firm had revenue of $1.36 billion during the quarter. On average, equities research analysts expect that Epiroc AB will post 0.71 earnings per share for the current year.

Epiroc AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Thursday, May 16th were paid a dividend of $0.1731 per share. This is an increase from Epiroc AB (publ)’s previous dividend of $0.15. The ex-dividend date was Wednesday, May 15th. Epiroc AB (publ)’s dividend payout ratio is currently 29.17%.

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.