Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Down 88.0% in February

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 300 shares, a drop 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.

Wall Street Analysts Forecast Growth

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

Alfa Laval Corporate Stock Performance

Shares of OTCMKTS ALFVY traded up $0.26 during trading hours on Thursday, reaching $44.32. The stock had a trading volume of 10,342 shares, compared to its average volume of 18,950. The firm has a 50-day moving average of $42.98 and a 200-day moving average of $43.96. The company has a current ratio of 1.34, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22. The firm has a market cap of $18.32 billion, a price-to-earnings ratio of 26.23, a PEG ratio of 2.08 and a beta of 1.42. Alfa Laval Corporate has a fifty-two week low of $36.79 and a fifty-two week high of $48.46.

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