Atlas Copco (OTCMKTS:ATLKY) Shares Cross Above 50 Day Moving Average – What’s Next?

Atlas Copco AB (OTCMKTS:ATLKY) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $15.89 and traded as high as $17.32. Atlas Copco shares last traded at $17.31, with a volume of 169,406 shares changing hands.

Atlas Copco Trading Up 1.6 %

The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 1.08. The firm has a market capitalization of $85.75 billion, a PE ratio of 31.41, a PEG ratio of 4.55 and a beta of 1.16. The firm’s fifty day moving average is $15.94 and its two-hundred day moving average is $17.03.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. The business had revenue of $4.14 billion for the quarter. On average, equities analysts predict that Atlas Copco AB will post 0.55 EPS for the current fiscal year.

Atlas Copco Company Profile

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.