Published On: Tue, Sep 20th, 2016

Atlas Copco AB (ATLKY) Raised to “Hold” at Zacks Investment Research

Atlas Copco AB (NASDAQ:ATLKY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued 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. “
Atlas Copco AB (NASDAQ:ATLKY) traded down 0.64% during midday trading on Tuesday, hitting $29.30. The stock had a trading volume of 7,139 shares. The company has a 50-day moving average of $28.78 and a 200-day moving average of $26.43. The stock has a market cap of $35.64 billion and a price-to-earnings ratio of 27.98. Atlas Copco AB has a 1-year low of $19.91 and a 1-year high of $30.00.

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