Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Increases By 2,200.0%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 2,300 shares, a growth of 2,200.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 41,300 shares, the short-interest ratio is presently 0.1 days.

Alfa Laval Corporate Price Performance

OTCMKTS ALFVY opened at $41.03 on Tuesday. 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 has a 1-year low of $34.87 and a 1-year high of $48.46. The stock has a market capitalization of $16.96 billion, a price-to-earnings ratio of 25.97, a PEG ratio of 2.13 and a beta of 1.42. The business’s fifty day moving average price is $42.80 and its 200-day moving average price is $43.91.

Alfa Laval Corporate (OTCMKTS:ALFVY) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.04). The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.74 billion. Alfa Laval Corporate had a return on equity of 17.71% and a net margin of 10.39%. On average, equities analysts predict that Alfa Laval Corporate will post 1.78 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a research report 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.