Atlas Copco (OTCMKTS:ATLKY) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Atlas Copco AB (OTCMKTS:ATLKY) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $17.32 and traded as low as $15.22. Atlas Copco shares last traded at $15.31, with a volume of 172,498 shares.

Atlas Copco Stock Performance

The company has a market cap of $74.64 billion, a PE ratio of 27.34, a P/E/G ratio of 4.57 and a beta of 1.16. The company’s fifty day moving average price is $16.02 and its 200 day moving average price is $17.32. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 1.08.

Atlas Copco (OTCMKTS:ATLKY) last posted its earnings results on Wednesday, October 23rd. The industrial products company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $4.14 billion for the quarter. Atlas Copco had a return on equity of 29.00% and a net margin of 16.37%. On average, equities research analysts predict that Atlas Copco AB will post 0.55 earnings per share for the current year.

Atlas Copco Company Profile

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.