Atlas Copco (OTCMKTS:ATLKY) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Atlas Copco AB (OTCMKTS:ATLKY)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.90 and traded as low as $16.39. Atlas Copco shares last traded at $16.63, with a volume of 133,989 shares traded.

Atlas Copco Price Performance

The company has a market cap of $80.63 billion, a price-to-earnings ratio of 28.52, a PEG ratio of 4.99 and a beta of 1.21. The company’s 50 day moving average price is $17.16 and its 200 day moving average price is $16.91. The company has a current ratio of 1.72, a quick ratio of 1.20 and a debt-to-equity ratio of 0.28.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. Equities research analysts forecast that Atlas Copco AB will post 0.55 earnings per share 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.