Previous close | 178.71 |
Open | 180.30 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 178.70 - 181.30 |
52-week range | 152.70 - 190.90 |
Volume | |
Avg. volume | 57,230 |
Market cap | 2.23B |
Beta (5Y monthly) | 0.90 |
PE ratio (TTM) | 0.29 |
EPS (TTM) | 6.34 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Stanley Black & Decker (NYSE: SWK) today announced that it has completed the previously announced sale of STANLEY Infrastructure to Epiroc AB (Nasdaq Stockholm: EPIA) for $760 million in cash. Stanley Black & Decker expects to utilize the cash proceeds, net of modest taxes, to reduce debt.
Stanley Black & Decker (NYSE: SWK) today announced it has entered into a definitive agreement to sell STANLEY Infrastructure ("Infrastructure"), the Company's attachment and handheld hydraulic tools business, to Epiroc AB (Nasdaq Stockholm: EPIA) for $760 million in cash.
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.