AB SKF (OTCMKTS:SKFRY – Get Free Report) saw a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 15,079 shares, a decrease of 68.2% from the October 15th total of 47,386 shares. Based on an average trading volume of 50,348 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.
AB SKF Price Performance
Shares of OTCMKTS SKFRY traded down $0.04 during mid-day trading on Friday, hitting $27.89. 4,304 shares of the stock traded hands, compared to its average volume of 19,191. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.19 and a quick ratio of 1.30. AB SKF has a twelve month low of $22.26 and a twelve month high of $29.42. The company has a market cap of $12.70 billion, a PE ratio of 24.91, a price-to-earnings-growth ratio of 3.31 and a beta of 1.23. The firm has a 50 day simple moving average of $27.62 and a two-hundred day simple moving average of $26.64.
AB SKF (OTCMKTS:SKFRY – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $2.35 billion. AB SKF had a return on equity of 12.96% and a net margin of 5.66%. As a group, equities research analysts forecast that AB SKF will post 1.64 EPS for the current fiscal year.
AB SKF Company Profile
AB SKF is a Swedish engineering company that develops and manufactures products and services for rotating equipment. Its offerings include bearings, seals, lubrication systems, and condition-monitoring technologies, along with related maintenance and engineering services. SKF serves customers in industrial and automotive markets worldwide. Its products are used in applications across sectors such as manufacturing, transportation, energy, and aerospace, where equipment reliability and performance are important.
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