Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Update

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 2,070 shares, a decline of 96.5% from the August 31st total of 59,628 shares. Based on an average daily volume of 54,491 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

A number of research firms have weighed in on ALFVY. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a research report on Wednesday, July 22nd. Pareto Securities upgraded shares of Alfa Laval from a “hold” rating to a “buy” rating in a research note on Wednesday, July 22nd. Finally, Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Alfa Laval Price Performance

Shares of ALFVY stock traded up $0.12 during trading hours on Thursday, hitting $56.54. The stock had a trading volume of 19,755 shares, compared to its average volume of 19,158. Alfa Laval has a one year low of $44.75 and a one year high of $62.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.12 and a quick ratio of 0.69. The stock’s 50-day moving average price is $58.27 and its two-hundred day moving average price is $57.79. The stock has a market capitalization of $23.37 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 4.02 and a beta of 1.13.

Alfa Laval (OTCMKTS:ALFVY) last posted its earnings results on Tuesday, July 21st. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%.The firm had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Equities analysts forecast that Alfa Laval will post 2.25 EPS for the current year.

About Alfa Laval

Alfa Laval AB is a Swedish industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its equipment is used to improve energy efficiency, support production processes and manage fluids across a range of industrial and commercial applications.

The company’s product portfolio includes heat exchangers, centrifugal separators, decanters, pumps, valves, fluid-processing equipment and related systems. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment and marine transportation.