AB SKF (publ) (OTCMKTS:SKFRY) Reaches New 12-Month High – Time to Buy?

AB SKF (publ) (OTCMKTS:SKFRY)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $23.12 and last traded at $23.06, with a volume of 5363 shares. The stock had previously closed at $21.94.

AB SKF (publ) Price Performance

The stock has a market cap of $10.50 billion, a PE ratio of 17.08, a PEG ratio of 1.24 and a beta of 1.24. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.13 and a current ratio of 2.01. The stock’s 50-day moving average is $20.23 and its two-hundred day moving average is $19.48.

AB SKF (publ) (OTCMKTS:SKFRY) last released its quarterly earnings results on Friday, January 31st. The industrial products company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.28 by $0.11. AB SKF (publ) had a return on equity of 13.95% and a net margin of 6.57%. On average, equities analysts predict that AB SKF will post 1.51 earnings per share for the current year.

AB SKF (publ) Company Profile

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.