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

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

Analyst Ratings Changes

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

Epiroc AB (publ) Price Performance

Shares of OTCMKTS EPOKY opened at $17.45 on Tuesday. The stock’s 50-day simple moving average is $18.56 and its two-hundred day simple moving average is $19.12. Epiroc AB has a twelve month low of $16.86 and a twelve month high of $21.74. The firm 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. 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 (publ) (OTCMKTS:EPOKY) last posted its quarterly earnings data on Friday, October 25th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.02. The company had revenue of $1.51 billion for the quarter. Epiroc AB (publ) had a net margin of 13.94% and a return on equity of 22.16%. As a group, equities analysts anticipate that Epiroc AB will post 0.71 EPS for the current fiscal year.

Epiroc AB (publ) Increases Dividend

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

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.