Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Up 137.5% in September

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 7,600 shares, a growth of 137.5% from the September 15th total of 3,200 shares. Based on an average daily volume of 18,800 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 18,800 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

ALFVY has been the topic of several research reports. Zacks Research lowered shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Nordea Equity Research upgraded shares of Alfa Laval from a “sell” rating to a “hold” rating in a report on Wednesday, July 23rd. Finally, Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a report on Wednesday, July 30th. Five investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Alfa Laval Stock Down 0.9%

ALFVY stock opened at $47.65 on Friday. The firm has a market cap of $19.69 billion, a PE ratio of 25.48, a PEG ratio of 2.51 and a beta of 1.34. Alfa Laval has a 1 year low of $36.86 and a 1 year high of $48.34. The company has a fifty day simple moving average of $46.11 and a 200 day simple moving average of $43.56. The company has a current ratio of 1.33, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24.

Alfa Laval (OTCMKTS:ALFVY) last posted its earnings results on Tuesday, July 22nd. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.05). Alfa Laval had a net margin of 11.86% and a return on equity of 19.35%. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.83 billion. Sell-side analysts anticipate that Alfa Laval will post 1.85 EPS for the current fiscal year.

Alfa Laval 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.