Atlas Copco (OTCMKTS:ATLKY) Sets New 12-Month Low – Here’s What Happened

Shares of Atlas Copco AB (OTCMKTS:ATLKY) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $14.01 and last traded at $14.01, with a volume of 292497 shares trading hands. The stock had previously closed at $15.45.

Atlas Copco Stock Down 9.3 %

The firm has a market cap of $68.30 billion, a P/E ratio of 24.16, a price-to-earnings-growth ratio of 4.99 and a beta of 1.30. The firm’s 50-day moving average price is $17.00 and its 200 day moving average price is $16.83. The company has a quick ratio of 1.20, a current ratio of 1.72 and a debt-to-equity ratio of 0.28.

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, topping analysts’ consensus estimates of $0.14 by $0.01. Atlas Copco had a return on equity of 28.31% and a net margin of 16.84%. As a group, research analysts expect 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.