Atlas Copco (OTCMKTS:ATLKY) Announces Quarterly Earnings Results

Atlas Copco (OTCMKTS:ATLKY) announced its earnings results on Wednesday. The industrial products company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01), Yahoo Finance reports. Atlas Copco had a return on equity of 30.38% and a net margin of 16.59%. The business had revenue of $4.14 billion for the quarter.

Atlas Copco Price Performance

ATLKY traded up $0.06 during midday trading on Friday, hitting $16.90. 503,715 shares of the company traded hands, compared to its average volume of 322,137. The company has a market capitalization of $82.32 billion, a price-to-earnings ratio of 30.07, a PEG ratio of 5.00 and a beta of 1.18. Atlas Copco has a 52-week low of $12.63 and a 52-week high of $20.03. The business has a 50 day simple moving average of $18.04 and a two-hundred day simple moving average of $18.09. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 0.32.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.