Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Increases By 6,475.0%

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 26,300 shares, an increase of 6,475.0% from the March 15th total of 400 shares. Based on an average daily trading volume, of 137,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Epiroc AB (publ) Price Performance

Shares of EPOKY stock traded up $0.63 during trading hours on Monday, hitting $19.19. The company had a trading volume of 233,446 shares, compared to its average volume of 262,819. Epiroc AB has a 12 month low of $16.79 and a 12 month high of $21.74. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.43 and a current ratio of 2.48. The firm’s fifty day moving average is $19.94 and its 200 day moving average is $19.22. The firm has a market capitalization of $23.16 billion, a price-to-earnings ratio of 28.22, a PEG ratio of 3.93 and a beta of 1.42.

Epiroc AB (publ) (OTCMKTS:EPOKY) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. Epiroc AB (publ) had a return on equity of 21.50% and a net margin of 13.74%. On average, sell-side analysts predict that Epiroc AB will post 0.79 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Dnb Nor Markets cut Epiroc AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 1st.

About Epiroc AB (publ)

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Europe, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments.