Epiroc AB (publ) (OTCMKTS:EPOKY) Sees Significant Growth in Short Interest

Epiroc AB (publ) (OTCMKTS:EPOKY) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 56,800 shares, an increase of 148.0% from the January 15th total of 22,900 shares. Based on an average trading volume of 625,800 shares, the days-to-cover ratio is currently 0.1 days.

Epiroc AB (publ) Price Performance

Shares of EPOKY opened at $20.08 on Friday. The firm has a market cap of $24.24 billion, a price-to-earnings ratio of 29.53, a PEG ratio of 3.71 and a beta of 1.52. Epiroc AB has a 52 week low of $16.82 and a 52 week high of $21.74. The company has a current ratio of 2.06, a quick ratio of 1.12 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average of $18.35 and a 200-day moving average of $18.84.

Epiroc AB (publ) (OTCMKTS:EPOKY) last announced its quarterly earnings results 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 21.97% and a net margin of 13.74%. As a group, analysts forecast that Epiroc AB will post 0.79 EPS for the current year.

Analyst Ratings Changes

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

Epiroc AB (publ) Company Profile

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.