AB SKF (publ) (OTCMKTS:SKFRY) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 2,900 shares, a decrease of 78.5% from the August 15th total of 13,500 shares. Based on an average daily volume of 33,200 shares, the short-interest ratio is currently 0.1 days.
Shares of OTCMKTS:SKFRY traded up $0.08 on Wednesday, hitting $24.46. The company’s stock had a trading volume of 71,647 shares, compared to its average volume of 12,644. The company has a 50-day simple moving average of $25.63 and a 200 day simple moving average of $26.91. AB SKF has a 1 year low of $19.19 and a 1 year high of $30.50. The company has a market capitalization of $11.14 billion, a PE ratio of 14.39 and a beta of 1.37. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.33 and a quick ratio of 1.48.
AB SKF (publ) (OTCMKTS:SKFRY) last announced its quarterly earnings data on Tuesday, July 20th. The industrial products company reported $0.61 EPS for the quarter. The firm had revenue of $2.46 billion for the quarter. AB SKF (publ) had a return on equity of 20.79% and a net margin of 8.38%. On average, equities research analysts expect that AB SKF will post 1.93 earnings per share for the current fiscal year.
About AB SKF (publ)
SKF AB engages in the manufacture of machine and rotating equipment. It operates through the Industrial and Automotive segments. The Industrial segment comprises of Industrial Sales Americas, Industrial Sales Europe and Middle East and Africa, Industrial Sales Asia, Industrial Units, Bearing Operations, and Aerospace.
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