Alfa Laval Corporate AB (OTCMKTS:ALFVY) Sees Significant Increase in Short Interest

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,500 shares, an increase of 733.3% from the January 15th total of 300 shares. Based on an average daily trading volume, of 30,500 shares, the short-interest ratio is currently 0.1 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 note on Wednesday, December 18th.

Alfa Laval Corporate Stock Performance

Shares of Alfa Laval Corporate stock traded up $0.01 on Wednesday, reaching $42.82. 12,165 shares of the company traded hands, compared to its average volume of 16,869. Alfa Laval Corporate has a 52 week low of $35.42 and a 52 week high of $48.46. The company has a 50 day moving average of $42.97 and a 200 day moving average of $43.87. The firm has a market capitalization of $17.70 billion, a PE ratio of 25.34, a PEG ratio of 2.00 and a beta of 1.42. 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 (OTCMKTS:ALFVY) last released its earnings results on Wednesday, February 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.06). Alfa Laval Corporate had a net margin of 11.07% and a return on equity of 18.64%. Equities analysts forecast that Alfa Laval Corporate will post 1.86 earnings per share for the current 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.