Epiroc AB (publ) (OTCMKTS:EPOKY) Issues Quarterly Earnings Results, Meets Estimates

Epiroc AB (publ) (OTCMKTS:EPOKY) released its quarterly earnings data on Thursday. The company reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18, Zacks reports. Epiroc AB (publ) had a net margin of 13.94% and a return on equity of 22.16%.

Epiroc AB (publ) Stock Performance

Shares of OTCMKTS:EPOKY traded down $0.24 during trading on Thursday, hitting $19.51. 236,717 shares of the company traded hands, compared to its average volume of 270,683. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.46. The business’s fifty day moving average is $18.09 and its 200-day moving average is $18.82. The stock has a market capitalization of $23.55 billion, a price-to-earnings ratio of 28.69, a PEG ratio of 8.20 and a beta of 1.51. Epiroc AB has a one year low of $16.82 and a one year high of $21.74.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of Epiroc AB (publ) from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 4th.

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, Europe, Africa, the Middle East, Asia, and Australia. It operates in two segments, Equipment & Service, and Tools & Attachments.