Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Increases By 29.2%

Alfa Laval Corporate AB (OTCMKTS:ALFVYGet Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 3,100 shares, an increase of 29.2% from the August 31st total of 2,400 shares. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is presently 0.1 days.

Alfa Laval Corporate Stock Up 2.0 %

ALFVY traded up $0.96 on Friday, reaching $48.41. The company’s stock had a trading volume of 10,613 shares, compared to its average volume of 12,384. The stock has a market cap of $20.01 billion, a price-to-earnings ratio of 32.49, a price-to-earnings-growth ratio of 2.42 and a beta of 1.45. Alfa Laval Corporate has a 1 year low of $30.44 and a 1 year high of $48.46. The business’s 50 day moving average is $43.95 and its 200 day moving average is $43.22. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.36 and a quick ratio of 0.87.

Alfa Laval Corporate (OTCMKTS:ALFVYGet Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.09). The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Alfa Laval Corporate had a net margin of 10.14% and a return on equity of 17.48%. As a group, research analysts forecast that Alfa Laval Corporate will post 1.75 EPS for the current fiscal year.

Alfa Laval Corporate Company Profile

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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.

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