Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Down 44.7% in February

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVYGet Free Report) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 4,242 shares, a decrease of 44.7% from the February 12th total of 7,677 shares. Based on an average daily trading volume, of 20,844 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 20,844 shares, the days-to-cover ratio is presently 0.2 days.

Alfa Laval Stock Performance

Shares of OTCMKTS ALFVY opened at $56.61 on Thursday. The firm’s 50-day moving average price is $56.15 and its 200-day moving average price is $50.51. The company has a current ratio of 1.18, a quick ratio of 0.75 and a debt-to-equity ratio of 0.22. Alfa Laval has a 1-year low of $36.86 and a 1-year high of $59.48.

Alfa Laval (OTCMKTS:ALFVYGet Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.12). Alfa Laval had a net margin of 11.86% and a return on equity of 19.71%. The firm had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.03 billion. On average, equities research analysts expect that Alfa Laval will post 1.85 EPS for the current year.

Analyst Upgrades and Downgrades

ALFVY has been the topic of several recent analyst reports. Citigroup restated a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Barclays reissued an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a research report on Thursday, February 5th. Morgan Stanley reaffirmed an “underweight” rating on shares of Alfa Laval in a research note on Monday, February 23rd. Finally, Zacks Research downgraded Alfa Laval from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Alfa Laval currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on ALFVY

Alfa Laval Company Profile

(Get Free Report)

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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