Previous Close | 18.67 |
Open | 18.89 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 18.65 - 18.89 |
52 Week Range | 16.14 - 20.82 |
Volume | |
Avg. Volume | 246,972 |
Market Cap | 22.763B |
Beta (5Y Monthly) | 0.90 |
PE Ratio (TTM) | 27.32 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.31 (1.65%) |
Ex-Dividend Date | Oct 23, 2023 |
1y Target Est | N/A |
STOCKHOLM (Reuters) -Swedish mining equipment maker Epiroc expects to benefit from continuing high demand in the near term, it said on Tuesday as it posted better than forecast quarterly profit. Epiroc, its customers and rivals have had to contend with rising raw material prices and other cost inflation pressures for several quarters, though raw material prices have eased slightly of late. Shares in the company were up 3.2% at 206.6 Swedish crowns by 1228 GMT after earlier hitting a two-month high of 211.1 crowns.
Epiroc Aktiebolag Unsponsored ADR (EPOKY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.