Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Grows By 91,233.3%

Alfa Laval Corporate AB (OTCMKTS:ALFVY - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 274,000 shares, an increase of 91,233.3% from the February 28th total of 300 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 107,800 shares, the short-interest ratio is presently 2.5 days.

Analyst Upgrades and Downgrades

ALFVY has been the topic of several research analyst reports. Royal Bank of Canada raised shares of Alfa Laval Corporate from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, December 18th. The Goldman Sachs Group upgraded Alfa Laval Corporate from a "strong sell" rating to a "hold" rating in a research report on Wednesday.

Alfa Laval Corporate Price Performance

Shares of OTCMKTS:ALFVY traded down $0.85 during midday trading on Friday, reaching $44.22. The company's stock had a trading volume of 8,718 shares, compared to its average volume of 32,193. The business's fifty day simple moving average is $44.14 and its 200-day simple moving average is $44.13. The company has a market capitalization of $18.28 billion, a P/E ratio of 26.17, a P/E/G ratio of 2.08 and a beta of 1.43. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.34 and a quick ratio of 0.84. Alfa Laval Corporate has a fifty-two week low of $38.20 and a fifty-two week high of $48.46.

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Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a net margin of 11.07% and a return on equity of 18.34%. As a group, equities research analysts expect that Alfa Laval Corporate will post 1.85 EPS for the current fiscal 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.