Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Drops By 96.8%

Epiroc AB (publ) (OTCMKTS:EPOKY) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 1,900 shares, a decrease of 96.8% from the October 31st total of 59,900 shares. Based on an average trading volume of 285,300 shares, the short-interest ratio is currently 0.0 days.

Epiroc AB (publ) Stock Performance

Epiroc AB (publ) stock traded up $0.22 during trading hours on Thursday, hitting $17.88. The stock had a trading volume of 174,442 shares, compared to its average volume of 190,256. The company has a 50-day moving average of $19.61 and a two-hundred day moving average of $19.53. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.46. The company has a market cap of $21.58 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 12.80 and a beta of 1.58. Epiroc AB has a fifty-two week low of $17.23 and a fifty-two week high of $21.74.

Epiroc AB (publ) (OTCMKTS:EPOKY) last posted its quarterly earnings results on Friday, October 25th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. The firm had revenue of $1.51 billion during the quarter. Epiroc AB (publ) had a return on equity of 22.16% and a net margin of 13.94%. On average, equities research analysts anticipate that Epiroc AB will post 0.72 EPS for the current fiscal year.

Epiroc AB (publ) Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, November 11th. Stockholders of record on Tuesday, October 22nd were paid a $0.1837 dividend. This is a positive change from Epiroc AB (publ)’s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, October 22nd. Epiroc AB (publ)’s dividend payout ratio is currently 25.00%.

Epiroc AB (publ) Company Profile

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.