Epiroc AB (publ) (OTCMKTS:EPOKY) Reaches New 1-Year Low – What’s Next?

by · The Markets Daily

Epiroc AB (publ) (OTCMKTS:EPOKY – Get Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as $16.86 and last traded at $17.44, with a volume of 204561 shares trading hands. The stock had previously closed at $17.46.

Wall Street Analysts Forecast Growth

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.

Read Our Latest Stock Report on Epiroc AB (publ)

Epiroc AB (publ) Price Performance

The company’s fifty day moving average is $18.81 and its two-hundred day moving average is $19.23. The company has a current ratio of 2.06, a quick ratio of 1.12 and a debt-to-equity ratio of 0.46. The stock has a market cap of $21.05 billion, a price-to-earnings ratio of 25.65, a P/E/G ratio of 9.37 and a beta of 1.51.

Epiroc AB (publ) (OTCMKTS:EPOKY – Get Free Report) last released its earnings results on Friday, October 25th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. The firm had revenue of $1.51 billion for the quarter. Epiroc AB (publ) had a net margin of 13.94% and a return on equity of 22.16%. As a group, research analysts predict that Epiroc AB will post 0.71 earnings per share for the current year.

Epiroc AB (publ) Increases Dividend

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

Epiroc AB (publ) Company Profile

(Get Free Report)

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.

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