Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Up 556.2% in January

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

Atlas Copco Trading Down 3.9 %

ATLKY opened at $16.54 on Wednesday. The business has a 50 day moving average of $15.97 and a 200-day moving average of $17.00. The stock has a market cap of $80.63 billion, a PE ratio of 29.54, a PEG ratio of 4.55 and a beta of 1.16. The company has a quick ratio of 1.08, a current ratio of 1.56 and a debt-to-equity ratio of 0.30. Atlas Copco has a 52 week low of $15.00 and a 52 week high of $20.03.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a net margin of 16.37% and a return on equity of 29.00%. Equities research analysts predict that Atlas Copco 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.