Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Update

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 2,300 shares, a growth of 2,200.0% from the December 15th total of 100 shares. Based on an average trading volume of 41,300 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised shares of Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, December 18th.

Alfa Laval Corporate Stock Down 1.8 %

Shares of OTCMKTS:ALFVY traded down $0.78 during trading hours on Monday, reaching $41.45. The stock had a trading volume of 22,886 shares, compared to its average volume of 35,681. Alfa Laval Corporate has a 1 year low of $34.87 and a 1 year high of $48.46. The firm’s 50 day moving average is $42.86 and its 200-day moving average is $43.93. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.86 and a current ratio of 1.38. The stock has a market capitalization of $17.13 billion, a price-to-earnings ratio of 26.23, a P/E/G ratio of 2.13 and a beta of 1.42.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.04). The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.74 billion. Alfa Laval Corporate had a return on equity of 17.71% and a net margin of 10.39%. Research analysts predict that Alfa Laval Corporate will post 1.78 earnings per share for the current fiscal year.

Alfa Laval Corporate Company Profile

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.