Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Declines By 88.0%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 300 shares, a decline of 88.0% from the January 31st total of 2,500 shares. Based on an average trading volume of 31,600 shares, the days-to-cover ratio is presently 0.0 days.

Alfa Laval Corporate Price Performance

Shares of ALFVY stock traded up $0.26 during trading on Thursday, hitting $44.32. The company had a trading volume of 10,342 shares, compared to its average volume of 18,950. The company has a quick ratio of 0.84, a current ratio of 1.34 and a debt-to-equity ratio of 0.22. The stock’s 50-day moving average is $42.98 and its two-hundred day moving average is $43.96. The stock has a market capitalization of $18.32 billion, a price-to-earnings ratio of 26.23, a price-to-earnings-growth ratio of 2.08 and a beta of 1.42. Alfa Laval Corporate has a 52 week low of $36.79 and a 52 week high of $48.46.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a net margin of 11.07% and a return on equity of 18.34%. As a group, analysts predict that Alfa Laval Corporate will post 1.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded 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 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.