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

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the recipient of a large growth in short interest in 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. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 28,034 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ALFVY. Pareto Securities downgraded shares of Alfa Laval from a “buy” rating to a “hold” rating in a report on Wednesday, April 8th. Morgan Stanley reiterated an “underweight” rating on shares of Alfa Laval in a report on Monday, February 23rd. Finally, Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a report on Thursday, April 9th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Alfa Laval currently has a consensus rating of “Hold”.

Alfa Laval Price Performance

OTCMKTS ALFVY opened at $56.31 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.38 and a debt-to-equity ratio of 0.29. Alfa Laval has a 12-month low of $40.27 and a 12-month high of $62.95. The company has a market capitalization of $23.27 billion, a PE ratio of 26.94, a price-to-earnings-growth ratio of 3.16 and a beta of 1.14. The firm’s 50 day moving average is $58.09 and its 200-day moving average is $55.29.

Alfa Laval (OTCMKTS:ALFVY) last released its earnings results on Wednesday, April 22nd. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.05). Alfa Laval had a net margin of 11.83% and a return on equity of 18.93%. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.78 billion. Equities research analysts anticipate that Alfa Laval will post 2.37 earnings per share for the current fiscal 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.