Atlas Copco AB (OTCMKTS:ATLKY) Short Interest Update - MarketBeat

2022-09-19 09:18:43 By : Ms. Aishi Cheng

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Atlas Copco AB (OTCMKTS:ATLKY - Get Rating) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 18,900 shares, a growth of 38.0% from the August 15th total of 13,700 shares. Based on an average daily volume of 512,300 shares, the days-to-cover ratio is currently 0.0 days. Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ATLKY shares. Sanford C. Bernstein cut Atlas Copco from a "market perform" rating to an "underperform" rating and set a $84.00 price target on the stock. in a research report on Monday, July 11th. Credit Suisse Group began coverage on Atlas Copco in a research report on Friday, June 17th. They set a "hold" rating and a $141.10 price target on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $136.74.Atlas Copco Stock Down 1.1 %

ATLKY opened at $10.05 on Friday. The stock's 50 day moving average price is $10.61 and its 200 day moving average price is $12.47. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.87. The stock has a market cap of $48.95 billion, a P/E ratio of 22.09, a P/E/G ratio of 3.43 and a beta of 1.26. Atlas Copco has a 12 month low of $8.75 and a 12 month high of $17.87.

Atlas Copco (OTCMKTS:ATLKY - Get Rating) last issued its quarterly earnings results on Tuesday, July 19th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.12. Atlas Copco had a return on equity of 29.83% and a net margin of 16.85%. The company had revenue of $3.37 billion for the quarter, compared to analysts' expectations of $3.24 billion. As a group, research analysts predict that Atlas Copco will post 0.44 earnings per share for the current year. About Atlas Copco (Get Rating)

Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions primarily for use in the manufacturing and process industries.Read MoreGet a free copy of the StockNews.com research report on Atlas Copco (ATLKY)Is There a Cure for What is Ailing Teladoc Stock?No One Told These 3 Stocks It’s a Down WeekWhy Medical Products Maker Repligen May Be A Potential Buy At 10%, Is Arbor Realty Trust Dividend Worth It? Investors Should Tune Into RF Industries 

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