AB SKF (publ) (OTCMKTS:SKFRY) Short Interest Update

AB SKF (publ) (OTCMKTS:SKFRY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 20,800 shares, an increase of 33.3% from the February 13th total of 15,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 20,700 shares, the days-to-cover ratio is presently 1.0 days.

AB SKF (publ) Trading Up 3.4 %

SKFRY stock opened at $22.96 on Monday. The firm has a fifty day moving average price of $20.92 and a 200 day moving average price of $19.73. AB SKF has a fifty-two week low of $17.15 and a fifty-two week high of $24.01. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.13 and a current ratio of 2.01. The firm has a market cap of $10.45 billion, a PE ratio of 17.01, a price-to-earnings-growth ratio of 1.24 and a beta of 1.24.

AB SKF (publ) (OTCMKTS:SKFRY) last posted its quarterly earnings data on Friday, January 31st. The industrial products company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.28 by $0.11. AB SKF (publ) had a net margin of 6.57% and a return on equity of 13.95%. Sell-side analysts anticipate that AB SKF will post 1.51 earnings per share for the current fiscal year.

About AB SKF (publ)

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.