Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Decreases By 18.6%

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

Alfa Laval Corporate Stock Performance

Shares of OTCMKTS:ALFVY traded down $0.03 during trading on Monday, reaching $45.14. 8,400 shares of the stock were exchanged, compared to its average volume of 11,875. Alfa Laval Corporate has a 12 month low of $31.52 and a 12 month high of $48.46. The firm has a market cap of $18.66 billion, a PE ratio of 30.30, a PEG ratio of 2.18 and a beta of 1.45. The stock has a 50-day moving average price of $45.38 and a 200-day moving average price of $44.20. 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 issued its quarterly earnings data 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 firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.74 billion. Alfa Laval Corporate had a return on equity of 17.48% and a net margin of 10.14%. Research analysts expect that Alfa Laval Corporate will post 1.82 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.