Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Increases By 29.2%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 3,100 shares, a growth of 29.2% from the August 31st total of 2,400 shares. Based on an average daily trading volume, of 25,000 shares, the short-interest ratio is presently 0.1 days.

Alfa Laval Corporate Stock Performance

Shares of OTCMKTS ALFVY traded up $0.96 during midday trading on Friday, reaching $48.41. 10,613 shares of the company were exchanged, compared to its average volume of 12,384. The stock has a market cap of $20.01 billion, a P/E ratio of 32.49, a PEG ratio of 2.42 and a beta of 1.45. Alfa Laval Corporate has a 1 year low of $30.44 and a 1 year high of $48.46. The stock has a fifty day simple moving average of $43.95 and a 200 day simple moving average of $43.22. The company has a current ratio of 1.36, a quick ratio of 0.87 and a debt-to-equity ratio of 0.26.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced its earnings results on Tuesday, July 23rd. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.09). Alfa Laval Corporate had a net margin of 10.14% and a return on equity of 17.48%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. On average, research analysts forecast that Alfa Laval Corporate will post 1.75 earnings per share for the current fiscal year.

Alfa Laval Corporate Company Profile

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.