Epiroc AB (publ) (OTCMKTS:EPOKY) Sees Large Increase in Short Interest

Epiroc AB (publ) (OTCMKTS:EPOKY) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 68,000 shares, a growth of 19.7% from the January 31st total of 56,800 shares. Based on an average daily volume of 213,100 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, Barclays raised Epiroc AB (publ) from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, December 4th.

Epiroc AB (publ) Trading Up 3.9 %

OTCMKTS:EPOKY opened at $21.11 on Friday. The company has a quick ratio of 1.43, a current ratio of 2.48 and a debt-to-equity ratio of 0.45. The stock has a fifty day simple moving average of $18.89 and a 200-day simple moving average of $19.03. Epiroc AB has a 52-week low of $16.82 and a 52-week high of $21.74. The company has a market capitalization of $25.48 billion, a PE ratio of 31.04, a price-to-earnings-growth ratio of 3.93 and a beta of 1.50.

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

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.