Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Up 440.6% in February

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVYGet Free Report) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 7,677 shares, an increase of 440.6% from the January 29th total of 1,420 shares. Based on an average daily volume of 26,356 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 26,356 shares, the days-to-cover ratio is presently 0.3 days.

Alfa Laval Stock Performance

Shares of OTCMKTS ALFVY traded down $0.42 during midday trading on Wednesday, reaching $58.93. 9,952 shares of the stock were exchanged, compared to its average volume of 20,427. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.12 and a quick ratio of 0.72. The firm has a 50-day simple moving average of $54.52 and a two-hundred day simple moving average of $49.57. Alfa Laval has a twelve month low of $36.86 and a twelve month high of $59.35.

Alfa Laval (OTCMKTS:ALFVYGet Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.12). Alfa Laval had a net margin of 11.86% and a return on equity of 19.99%. The firm had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.03 billion. As a group, sell-side analysts predict that Alfa Laval will post 1.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

ALFVY has been the subject of a number of research reports. Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a report on Wednesday, December 3rd. Royal Bank Of Canada restated an “outperform” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Morgan Stanley reaffirmed an “underweight” rating on shares of Alfa Laval in a report on Monday. Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a research note on Monday, December 15th. Finally, Zacks Research downgraded shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Alfa Laval currently has a consensus rating of “Hold”.

View Our Latest Research Report on ALFVY

About Alfa Laval

(Get Free Report)

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.

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