Atlas Copco AB (OTCMKTS:ATLKY) Sees Significant Growth in Short Interest

Atlas Copco AB (OTCMKTS:ATLKY) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 106,300 shares, a growth of 556.2% from the December 15th total of 16,200 shares. Based on an average daily volume of 448,500 shares, the short-interest ratio is presently 0.2 days.

Atlas Copco Stock Performance

ATLKY stock opened at $15.58 on Tuesday. The stock has a market capitalization of $75.95 billion, a price-to-earnings ratio of 27.82, a PEG ratio of 4.57 and a beta of 1.16. The stock’s fifty day moving average is $15.89 and its two-hundred day moving average is $17.13. Atlas Copco has a 1 year low of $15.00 and a 1 year high of $20.03. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.08 and a current ratio of 1.56.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The firm had revenue of $4.14 billion during the quarter. Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. On average, research analysts predict that Atlas Copco will post 0.55 EPS for the current 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.