Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Drops By 96.9%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 8,400 shares, a decline of 96.9% from the March 15th total of 274,000 shares. Based on an average trading volume of 80,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. The Goldman Sachs Group raised Alfa Laval Corporate from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 26th. UBS Group upgraded Alfa Laval Corporate from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 9th. Finally, Royal Bank of Canada raised Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, December 18th.

Alfa Laval Corporate Trading Up 0.3 %

OTCMKTS ALFVY opened at $39.98 on Tuesday. Alfa Laval Corporate has a 52 week low of $36.86 and a 52 week high of $48.46. The firm has a 50 day moving average of $43.10 and a two-hundred day moving average of $43.56. The company has a quick ratio of 0.84, a current ratio of 1.34 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $16.52 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 2.08 and a beta of 1.34.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its earnings results on Wednesday, February 5th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. As a group, research analysts expect that Alfa Laval Corporate will post 1.85 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.