Separately, Zacks Investment Research downgraded Atlas Copco from a hold rating to a sell rating in a research report on Wednesday, January 15th.
OTCMKTS ALFVY opened at $22.36 on Tuesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.77 and a current ratio of 1.27. The company has a market capitalization of $9.66 billion, a P/E ratio of 16.09 and a beta of 0.80. Atlas Copco has a one year low of $17.22 and a one year high of $26.77. The stock has a 50 day moving average price of $25.49 and a 200-day moving average price of $22.74.
The company also recently announced an annual dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, April 27th will be given a dividend of $0.421 per share. The ex-dividend date is Friday, April 24th. This represents a dividend yield of 1.77%. Atlas Copco’s dividend payout ratio is currently 28.26%.
About Atlas Copco
Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in five segments: Energy, Food & Water, Marine, Greenhouse, and Operations & Other. It offers fluid handling systems, such as automation and fluid control equipment; installation materials; analytical, cleaning validation, flow, level, pressure, temperature, and weighing instruments, as well as instrumentation accessories; mixing equipment; centrifugal, circumferential piston, rotary lobe, and screw pumps; rotary jet and spray heads; tank covers and accessories; and valves.
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