Short Interest in Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Expands By 440.6%

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 7,677 shares, an increase of 440.6% from the January 29th total of 1,420 shares. Based on an average daily trading volume, of 26,356 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 26,356 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Zacks Research lowered shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research note on Monday, December 15th. Morgan Stanley reiterated an “underweight” rating on shares of Alfa Laval in a report on Monday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alfa Laval in a research report on Thursday, February 5th. Finally, Barclays restated an “overweight” rating on shares of Alfa Laval in a research note on Wednesday, December 3rd. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold”.

Alfa Laval Price Performance

Shares of OTCMKTS ALFVY opened at $58.60 on Friday. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average price of $54.93 and a 200-day moving average price of $49.70. Alfa Laval has a 1 year low of $36.86 and a 1 year high of $59.35.

Alfa Laval (OTCMKTS:ALFVY) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.12). The business had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.03 billion. Alfa Laval had a net margin of 11.86% and a return on equity of 19.99%. On average, sell-side analysts anticipate that Alfa Laval will post 1.85 EPS for the current year.

About Alfa Laval

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.