Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Up 2,200.0% in December

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 2,300 shares, an increase of 2,200.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 41,300 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, December 18th.

Alfa Laval Corporate Price Performance

Shares of OTCMKTS ALFVY opened at $41.03 on Tuesday. The stock’s 50-day simple moving average is $42.80 and its 200-day simple moving average is $43.91. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.86 and a current ratio of 1.38. The firm has a market capitalization of $16.96 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 2.13 and a beta of 1.42. Alfa Laval Corporate has a fifty-two week low of $34.87 and a fifty-two week high of $48.46.

Alfa Laval Corporate (OTCMKTS:ALFVY) last released its earnings results on Thursday, October 24th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.04). The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.74 billion. Alfa Laval Corporate had a net margin of 10.39% and a return on equity of 17.71%. As a group, equities research analysts forecast that Alfa Laval Corporate will post 1.78 EPS for the current fiscal year.

About Alfa Laval Corporate

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.