Short Interest in Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Decreases By 56.6%

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,506 shares, a drop of 56.6% from the June 30th total of 5,779 shares. Based on an average trading volume of 27,981 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research note on Wednesday. Pareto Securities upgraded shares of Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a report on Monday, July 13th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Alfa Laval Stock Performance

Shares of ALFVY stock opened at $58.81 on Monday. The stock has a fifty day moving average price of $57.72 and a 200 day moving average price of $57.26. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.38. The stock has a market cap of $24.31 billion, a PE ratio of 27.87, a P/E/G ratio of 3.97 and a beta of 1.14. Alfa Laval has a 1 year low of $42.88 and a 1 year high of $62.95.

Alfa Laval (OTCMKTS:ALFVY) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.60% and a net margin of 11.63%.The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. Sell-side analysts forecast that Alfa Laval will post 2.33 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.