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

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

Epiroc AB (publ) Price Performance

Shares of OTCMKTS EPOKY traded down $0.39 during mid-day trading on Thursday, hitting $18.84. 84,066 shares of the stock traded hands, compared to its average volume of 212,573. The company has a market cap of $22.87 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 4.58 and a beta of 1.58. Epiroc AB has a twelve month low of $16.14 and a twelve month high of $21.02. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 1.09. The firm has a 50 day simple moving average of $18.51 and a two-hundred day simple moving average of $18.54.

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