Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Increases By 29.2%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 3,100 shares, an increase of 29.2% from the August 31st total of 2,400 shares. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is presently 0.1 days.

Alfa Laval Corporate Stock Up 2.0 %

ALFVY traded up $0.96 on Friday, reaching $48.41. The company’s stock had a trading volume of 10,613 shares, compared to its average volume of 12,384. The stock has a market cap of $20.01 billion, a price-to-earnings ratio of 32.49, a price-to-earnings-growth ratio of 2.42 and a beta of 1.45. Alfa Laval Corporate has a 1 year low of $30.44 and a 1 year high of $48.46. The business’s 50 day moving average is $43.95 and its 200 day moving average is $43.22. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.36 and a quick ratio of 0.87.

Alfa Laval Corporate (OTCMKTS:ALFVY) last released its quarterly earnings data on Tuesday, July 23rd. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.09). The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Alfa Laval Corporate had a net margin of 10.14% and a return on equity of 17.48%. As a group, research analysts forecast that Alfa Laval Corporate will post 1.75 EPS for the current fiscal 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.