Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Sees Large Decrease in Short Interest

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 2,710 shares, a decrease of 26.0% from the December 31st total of 3,662 shares. Based on an average daily volume of 65,068 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 65,068 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

ALFVY has been the topic of several research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research report on Monday, December 15th. Zacks Research raised shares of Alfa Laval from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Finally, Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Alfa Laval presently has an average rating of “Moderate Buy”.

Alfa Laval Stock Down 1.4%

ALFVY opened at $58.00 on Friday. The stock’s fifty day simple moving average is $51.40 and its 200 day simple moving average is $47.92. Alfa Laval has a 1-year low of $36.86 and a 1-year high of $59.22. The stock has a market cap of $24.30 billion, a PE ratio of 29.15, a price-to-earnings-growth ratio of 2.92 and a beta of 1.22. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 0.23.

Alfa Laval Company Profile

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.