Alfa Laval Corporate AB (OTCMKTS:ALFVY – Get Free Report) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decrease of 99.0% from the November 30th total of 10,500 shares. Based on an average daily trading volume, of 26,600 shares, the short-interest ratio is currently 0.0 days.
Analyst Ratings Changes
Separately, Royal Bank of Canada upgraded shares of Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, December 18th.
Get Our Latest Report on Alfa Laval Corporate
Alfa Laval Corporate Trading Up -0.5 %
Alfa Laval Corporate (OTCMKTS:ALFVY – Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.04). The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.74 billion. Alfa Laval Corporate had a return on equity of 17.71% and a net margin of 10.39%. On average, research analysts predict that Alfa Laval Corporate will post 1.78 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.
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