Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Grows By 25.0%

Epiroc AB (publ) (OTCMKTS:EPOKY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,000 shares, an increase of 25.0% from the November 30th total of 1,600 shares. Based on an average daily trading volume, of 380,100 shares, the short-interest ratio is currently 0.0 days.

Epiroc AB (publ) Stock Down 0.2 %

Epiroc AB (publ) stock opened at $17.45 on Tuesday. The firm has a 50 day moving average price of $18.56 and a 200-day moving average price of $19.12. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.46. Epiroc AB has a twelve month low of $16.86 and a twelve month high of $21.74. The company has a market capitalization of $21.06 billion, a P/E ratio of 25.66, a P/E/G ratio of 9.37 and a beta of 1.51.

Epiroc AB (publ) (OTCMKTS:EPOKY) last announced its quarterly earnings data on Friday, October 25th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. The business had revenue of $1.51 billion during the quarter. Epiroc AB (publ) had a return on equity of 22.16% and a net margin of 13.94%. As a group, equities analysts predict that Epiroc AB will post 0.71 EPS for the current year.

Epiroc AB (publ) Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, November 11th. Stockholders of record on Tuesday, October 22nd were given a $0.1837 dividend. The ex-dividend date was Tuesday, October 22nd. This is a positive change from Epiroc AB (publ)’s previous dividend of $0.17. Epiroc AB (publ)’s payout ratio is 25.00%.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Epiroc AB (publ) from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, December 4th.

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.