Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Decreases By 88.0%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 300 shares, a decline of 88.0% from the January 31st total of 2,500 shares. Based on an average daily volume of 31,600 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

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

Alfa Laval Corporate Trading Down 0.4 %

Shares of Alfa Laval Corporate stock traded down $0.18 on Friday, reaching $43.18. 9,056 shares of the company were exchanged, compared to its average volume of 18,373. Alfa Laval Corporate has a fifty-two week low of $37.48 and a fifty-two week high of $48.46. The firm has a market capitalization of $17.85 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 2.08 and a beta of 1.42. 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 stock has a fifty day moving average price of $43.03 and a 200-day moving average price of $43.96.

Alfa Laval Corporate (OTCMKTS:ALFVY) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. On average, analysts expect that Alfa Laval Corporate will post 1.85 EPS 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.