Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Rises By 273.8%

Epiroc AB (publ) (OTCMKTS:EPOKY) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 98,300 shares, a growth of 273.8% from the April 15th total of 26,300 shares. Based on an average daily trading volume, of 825,000 shares, the short-interest ratio is presently 0.1 days.

Epiroc AB (publ) Trading Up 1.1 %

Epiroc AB (publ) stock traded up $0.21 during midday trading on Friday, reaching $20.04. The stock had a trading volume of 45,157 shares, compared to its average volume of 265,069. Epiroc AB has a 52-week low of $16.14 and a 52-week high of $20.82. The company has a fifty day moving average of $19.33 and a 200 day moving average of $18.67. The firm has a market cap of $24.32 billion, a price-to-earnings ratio of 27.83, a price-to-earnings-growth ratio of 6.07 and a beta of 1.55. 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 issued its earnings results on Tuesday, April 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. The firm had revenue of $1.36 billion during the quarter. Epiroc AB (publ) had a net margin of 15.09% and a return on equity of 25.48%. On average, analysts anticipate that Epiroc AB will post 0.7 earnings per share for the current fiscal year.

Epiroc AB (publ) Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, May 16th will be paid a dividend of $0.1731 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This is a positive change from Epiroc AB (publ)’s previous dividend of $0.15. Epiroc AB (publ)’s dividend payout ratio (DPR) is currently 29.17%.

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.