Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Update

Alfa Laval Corporate AB (OTCMKTS:ALFVY) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 4,700 shares, a decrease of 44.0% from the March 31st total of 8,400 shares. Based on an average trading volume of 104,000 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Alfa Laval Corporate Stock Down 1.6 %

ALFVY stock opened at $41.15 on Wednesday. The stock has a market capitalization of $17.01 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of 2.08 and a beta of 1.34. Alfa Laval Corporate has a 52 week low of $36.86 and a 52 week high of $48.46. 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 firm has a 50 day moving average of $42.58 and a 200 day moving average of $43.12.

Alfa Laval Corporate (OTCMKTS:ALFVY) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. Sell-side analysts forecast that Alfa Laval Corporate will post 1.85 earnings per share for the current year.

Alfa Laval Corporate Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 22nd. Investors of record on Monday, May 5th will be issued a dividend of $0.6343 per share. This represents a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, May 2nd. Alfa Laval Corporate’s dividend payout ratio (DPR) is 42.01%.

Analyst Upgrades and Downgrades

ALFVY has been the topic of several analyst reports. The Goldman Sachs Group raised shares of Alfa Laval Corporate from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 26th. UBS Group raised Alfa Laval Corporate from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 9th.

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.