Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Down 99.0% in December

Alfa Laval Corporate AB (OTCMKTS:ALFVY) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 100 shares, a drop of 99.0% from the November 30th total of 10,500 shares. Based on an average daily volume of 26,600 shares, the short-interest ratio is presently 0.0 days.

Alfa Laval Corporate Stock Up 0.4 %

Shares of ALFVY traded up $0.06 during mid-day trading on Thursday, reaching $41.98. The company’s stock had a trading volume of 17,210 shares, compared to its average volume of 12,647. The company’s 50 day moving average is $43.56 and its 200 day moving average is $44.17. The stock has a market cap of $17.35 billion, a PE ratio of 26.57, a price-to-earnings-growth ratio of 2.13 and a beta of 1.42. Alfa Laval Corporate has a 12-month low of $34.87 and a 12-month high of $48.46. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.38 and a quick ratio of 0.86.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its 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). The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.74 billion. Alfa Laval Corporate had a net margin of 10.39% and a return on equity of 17.71%. Equities analysts anticipate that Alfa Laval Corporate will post 1.78 EPS for the current fiscal 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 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.