Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Up 94.0% in March

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 8,228 shares, an increase of 94.0% from the February 26th total of 4,242 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 62,196 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ALFVY shares. Barclays reiterated an “overweight” rating on shares of Alfa Laval in a research note on Wednesday, December 3rd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Zacks Research downgraded shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alfa Laval in a research note on Thursday, February 5th. Finally, Morgan Stanley restated an “underweight” rating on shares of Alfa Laval in a research report on Monday, February 23rd. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Alfa Laval has a consensus rating of “Hold”.

Alfa Laval Trading Up 1.9%

Shares of ALFVY stock opened at $55.71 on Thursday. Alfa Laval has a 1 year low of $36.86 and a 1 year high of $59.48. The stock has a fifty day moving average of $56.77 and a two-hundred day moving average of $51.21. 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 (OTCMKTS:ALFVY) last issued its quarterly 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 business had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.03 billion. Equities analysts forecast that Alfa Laval will post 1.85 earnings per share for the current fiscal year.

Alfa Laval Company Profile

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.