Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Down 18.6% in October

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,500 shares, a drop of 18.6% from the September 30th total of 4,300 shares. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is presently 0.2 days.

Alfa Laval Corporate Stock Down 1.8 %

Alfa Laval Corporate stock opened at $45.49 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.36 and a quick ratio of 0.87. The company’s 50-day moving average is $45.43 and its 200-day moving average is $44.30. The firm has a market capitalization of $18.80 billion, a PE ratio of 30.53, a P/E/G ratio of 2.18 and a beta of 1.45. Alfa Laval Corporate has a fifty-two week low of $31.52 and a fifty-two week high of $48.46.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced 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). Alfa Laval Corporate had a return on equity of 17.48% and a net margin of 10.14%. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.74 billion. Sell-side analysts anticipate that Alfa Laval Corporate will post 1.82 earnings per share for the current 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.