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

Epiroc AB (publ) (OTCMKTS:EPOKY) saw a large increase in short interest in 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 trading volume of 380,100 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Epiroc AB (publ) Stock Down 0.2 %

OTCMKTS:EPOKY opened at $17.45 on Tuesday. The company’s fifty day moving average price is $18.56 and its 200-day moving average price is $19.12. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.06 and a quick ratio of 1.12. Epiroc AB has a 1-year low of $16.86 and a 1-year high of $21.74. The firm has a market capitalization of $21.06 billion, a P/E ratio of 25.66, a PEG ratio of 9.37 and a beta of 1.51.

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

Epiroc AB (publ) Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 11th. Investors of record on Tuesday, October 22nd were issued a $0.1837 dividend. This is a positive change from Epiroc AB (publ)’s previous dividend of $0.17. The ex-dividend date was Tuesday, October 22nd. Epiroc AB (publ)’s payout ratio is currently 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.