Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Declines By 18.6%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 3,500 shares, a decline of 18.6% from the September 30th total of 4,300 shares. Based on an average trading volume of 14,700 shares, the short-interest ratio is presently 0.2 days.

Alfa Laval Corporate Trading Down 1.8 %

OTCMKTS:ALFVY opened at $45.49 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 0.26. Alfa Laval Corporate has a twelve month low of $31.52 and a twelve month high of $48.46. The company has a market cap of $18.80 billion, a P/E ratio of 30.53, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45. The business has a 50 day moving average price of $45.43 and a two-hundred day moving average price of $44.30.

Alfa Laval Corporate (OTCMKTS:ALFVY) last released its earnings results on Thursday, October 24th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.04). Alfa Laval Corporate had a net margin of 10.14% and a return on equity of 17.48%. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.74 billion. As a group, analysts expect that Alfa Laval Corporate will post 1.82 EPS for the current fiscal year.

About Alfa Laval Corporate

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.