Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Increases By 115.8%

Epiroc AB (publ) (OTCMKTS:EPOKY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 147,600 shares, a growth of 115.8% from the February 29th total of 68,400 shares. Based on an average daily volume of 256,100 shares, the days-to-cover ratio is currently 0.6 days.

Epiroc AB (publ) Stock Performance

OTCMKTS:EPOKY traded down $0.39 on Thursday, hitting $18.84. The stock had a trading volume of 84,066 shares, compared to its average volume of 212,573. The business’s 50-day simple moving average is $18.51 and its two-hundred day simple moving average is $18.54. The stock has a market cap of $22.87 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 4.58 and a beta of 1.58. Epiroc AB has a 52-week low of $16.14 and a 52-week high of $21.02. The company has a quick ratio of 1.09, a current ratio of 2.04 and a debt-to-equity ratio of 0.29.

Epiroc AB (publ) (OTCMKTS:EPOKY) last announced its earnings results on Wednesday, January 24th. The company reported $0.18 earnings per share (EPS) for the quarter. Epiroc AB (publ) had a net margin of 15.64% and a return on equity of 26.25%. The company had revenue of $1.46 billion during the quarter. As a group, research analysts predict that Epiroc AB will post 0.74 earnings per share for the current year.

Epiroc AB (publ) Company Profile

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments. The Equipment & Service segment provides equipment and solutions for rock drilling, mechanical rock excavation, rock reinforcement, loading and haulage, and ventilation systems, as well as drilling equipment for exploration, and water and energy; and related spare parts and services for the mining and infrastructure industries.