Short Interest in Epiroc AB (publ) (OTCMKTS:EPOKY) Drops By 96.8%

Epiroc AB (publ) (OTCMKTS:EPOKY) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,900 shares, a decrease of 96.8% from the October 31st total of 59,900 shares. Based on an average trading volume of 285,300 shares, the short-interest ratio is currently 0.0 days.

Epiroc AB (publ) Price Performance

OTCMKTS EPOKY traded up $0.22 during trading hours on Thursday, reaching $17.88. 174,442 shares of the company’s stock were exchanged, compared to its average volume of 190,256. The stock has a market cap of $21.58 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 12.80 and a beta of 1.58. Epiroc AB has a one year low of $17.23 and a one year high of $21.74. The firm has a fifty day moving average of $19.61 and a 200-day moving average of $19.53. The company has a current ratio of 2.06, a quick ratio of 1.12 and a debt-to-equity ratio of 0.46.

Epiroc AB (publ) (OTCMKTS:EPOKY) last released its quarterly earnings results on Friday, October 25th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. The business had revenue of $1.51 billion for the quarter. Epiroc AB (publ) had a return on equity of 22.16% and a net margin of 13.94%. On average, equities research analysts predict that Epiroc AB will post 0.72 earnings per share for the current fiscal year.

Epiroc AB (publ) Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, November 11th. Investors of record on Tuesday, October 22nd were given a dividend of $0.1837 per share. The ex-dividend date was Tuesday, October 22nd. This is a positive change from Epiroc AB (publ)’s previous dividend of $0.17. Epiroc AB (publ)’s dividend payout ratio is 25.00%.

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.