Alfa Laval Corporate AB (OTCMKTS:ALFVY - Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 2,300 shares, an increase of 2,200.0% from the December 15th total of 100 shares. Based on an average daily volume of 41,300 shares, the days-to-cover ratio is presently 0.1 days.
Alfa Laval Corporate Price Performance
ALFVY traded down $0.42 on Monday, hitting $41.03. 25,845 shares of the company's stock traded hands, compared to its average volume of 34,264. Alfa Laval Corporate has a one year low of $34.87 and a one year high of $48.46. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 0.25. The firm has a market cap of $16.96 billion, a price-to-earnings ratio of 25.97, a P/E/G ratio of 2.13 and a beta of 1.42. The company's 50 day simple moving average is $42.80 and its 200-day simple moving average is $43.91.
Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) last announced its earnings results on Thursday, October 24th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.04). The business had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.74 billion. Alfa Laval Corporate had a net margin of 10.39% and a return on equity of 17.71%. As a group, research analysts anticipate that Alfa Laval Corporate will post 1.78 EPS for the current year.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada raised shares of Alfa Laval Corporate from a "hold" rating to a "moderate buy" rating in a report on Wednesday, December 18th.
Read Our Latest Report on Alfa Laval Corporate
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.
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