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

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 7,677 shares, a growth of 440.6% from the January 29th total of 1,420 shares. Based on an average daily volume of 26,356 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 26,356 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ALFVY. Zacks Research downgraded Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Morgan Stanley restated an “underweight” rating on shares of Alfa Laval in a report on Monday. Barclays reiterated an “overweight” rating on shares of Alfa Laval in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alfa Laval in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Alfa Laval presently has a consensus rating of “Hold”.

Alfa Laval Trading Down 0.7%

Shares of ALFVY opened at $58.93 on Thursday. 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 has a one year low of $36.86 and a one year high of $59.35. The company’s fifty day moving average price is $54.73 and its 200 day moving average price is $49.64.

Alfa Laval (OTCMKTS:ALFVY) last issued its quarterly earnings results 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 19.99%. The business had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.03 billion. Equities research analysts anticipate that Alfa Laval will post 1.85 earnings per share for the current year.

About Alfa Laval

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.