Alfa Laval Corporate AB (OTCMKTS:ALFVY - Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a drop of 87.0% from the December 31st total of 2,300 shares. Based on an average daily trading volume, of 63,400 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada raised Alfa Laval Corporate from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, December 18th.
Check Out Our Latest Analysis on ALFVY
Alfa Laval Corporate Stock Performance
Shares of OTCMKTS ALFVY traded down $0.33 during trading hours on Friday, reaching $44.56. 15,898 shares of the stock were exchanged, compared to its average volume of 22,880. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.86 and a current ratio of 1.38. The stock's fifty day simple moving average is $42.93 and its 200 day simple moving average is $43.87. Alfa Laval Corporate has a 52 week low of $34.99 and a 52 week high of $48.46. The firm has a market capitalization of $18.42 billion, a price-to-earnings ratio of 28.20, a P/E/G ratio of 2.07 and a beta of 1.42.
About Alfa Laval Corporate
(
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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.
Further Reading
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