Atlas Copco AB (NASDAQ:ATLKY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “ATLAS COPCO is a world leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with 135 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group’s global reach spans more than 160 markets. “

Shares of Atlas Copco AB (NASDAQ:ATLKY) traded down 0.64% during midday trading on Tuesday, reaching $29.30. The company had a trading volume of 7,139 shares. The company has a market capitalization of $35.64 billion and a P/E ratio of 27.98. Atlas Copco AB has a one year low of $19.91 and a one year high of $30.00. The company has a 50-day moving average price of $28.78 and a 200 day moving average price of $26.43.

About Atlas Copco AB

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