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

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the recipient of a large growth in short interest in 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 days-to-cover ratio is currently 0.1 days.

Alfa Laval Corporate Price Performance

OTCMKTS:ALFVY traded down $0.78 during mid-day trading on Monday, hitting $41.45. 22,886 shares of the company’s stock traded hands, compared to its average volume of 35,681. 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 firm’s 50 day simple moving average is $42.86 and its 200 day simple moving average is $43.93. Alfa Laval Corporate has a 1 year low of $34.87 and a 1 year high of $48.46. The company has a market cap of $17.13 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 2.13 and a beta of 1.42.

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

Analyst Upgrades and Downgrades

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

About Alfa Laval Corporate

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.