Short Interest in Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Rises By 75.5%

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVYGet Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 14,442 shares, an increase of 75.5% from the March 15th total of 8,228 shares. Based on an average daily volume of 44,262 shares, the short-interest ratio is presently 0.3 days.

Alfa Laval Price Performance

OTCMKTS:ALFVY opened at $59.03 on Monday. Alfa Laval has a 12-month low of $38.63 and a 12-month high of $59.48. The company has a current ratio of 1.18, a quick ratio of 0.75 and a debt-to-equity ratio of 0.22. The stock has a fifty day moving average price of $56.59 and a 200 day moving average price of $52.01.

Alfa Laval (OTCMKTS:ALFVYGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.51 earnings per share (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 19.71%. The company had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $2.03 billion. Equities analysts expect that Alfa Laval will post 1.85 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ALFVY has been the subject of several analyst reports. Pareto Securities lowered Alfa Laval from a “buy” rating to a “hold” rating in a research report on Wednesday. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a research note on Thursday. Morgan Stanley restated an “underweight” rating on shares of Alfa Laval in a research note on Monday, February 23rd. Zacks Research lowered Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research note on Thursday, February 5th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Alfa Laval has a consensus rating of “Hold”.

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Alfa Laval Company Profile

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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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