Short Interest in Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Grows By 156.6%

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 8,075 shares, a growth of 156.6% from the May 14th total of 3,147 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 28,034 shares, the days-to-cover ratio is currently 0.3 days.

Alfa Laval Stock Performance

Shares of OTCMKTS:ALFVY opened at $56.31 on Friday. The company has a market capitalization of $23.27 billion, a price-to-earnings ratio of 26.94, a P/E/G ratio of 3.16 and a beta of 1.14. The firm’s 50 day simple moving average is $58.09 and its 200 day simple moving average is $55.29. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.38 and a quick ratio of 0.84. Alfa Laval has a fifty-two week low of $40.27 and a fifty-two week high of $62.95.

Alfa Laval (OTCMKTS:ALFVY) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.05). The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.78 billion. Alfa Laval had a net margin of 11.83% and a return on equity of 18.93%. As a group, sell-side analysts forecast that Alfa Laval will post 2.37 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ALFVY. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research note on Thursday, April 9th. Morgan Stanley reaffirmed an “underweight” rating on shares of Alfa Laval in a research note on Monday, February 23rd. Finally, Pareto Securities lowered shares of Alfa Laval from a “buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold”.

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.