Alfa Laval Corporate AB (OTCMKTS:ALFVY) Sees Significant Increase in Short Interest

Alfa Laval Corporate AB (OTCMKTS:ALFVY - Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 4,300 shares, a growth of 38.7% from the September 15th total of 3,100 shares. Based on an average daily volume of 17,200 shares, the short-interest ratio is currently 0.3 days.

Alfa Laval Corporate Stock Performance

Shares of ALFVY stock traded up $0.75 during trading on Friday, reaching $46.74. 6,170 shares of the company's stock traded hands, compared to its average volume of 12,107. Alfa Laval Corporate has a 1 year low of $30.44 and a 1 year high of $48.46. The company has a market capitalization of $19.32 billion, a P/E ratio of 31.37, a PEG ratio of 2.18 and a beta of 1.45. The company has a current ratio of 1.36, a quick ratio of 0.87 and a debt-to-equity ratio of 0.26. The firm's 50-day moving average is $44.78 and its 200 day moving average is $43.75.

Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) last announced its earnings results on Tuesday, July 23rd. The company reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.09). The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. Alfa Laval Corporate had a return on equity of 17.48% and a net margin of 10.14%. Equities research analysts expect that Alfa Laval Corporate will post 1.82 EPS for the current year.

Alfa Laval Corporate Company Profile

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.