Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Sees Large Decline in Short Interest

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 4,242 shares, a decrease of 44.7% from the February 12th total of 7,677 shares. Based on an average daily trading volume, of 20,844 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 20,844 shares, the short-interest ratio is currently 0.2 days.

Alfa Laval Trading Down 2.7%

OTCMKTS ALFVY opened at $55.29 on Friday. Alfa Laval has a twelve month low of $36.86 and a twelve month high of $59.48. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.18 and a quick ratio of 0.75. The company’s 50-day simple moving average is $56.37 and its 200 day simple moving average is $50.62.

Alfa Laval (OTCMKTS:ALFVY) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.12). Alfa Laval had a return on equity of 19.71% and a net margin of 11.86%.The business had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.03 billion. As a group, analysts predict that Alfa Laval will post 1.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ALFVY. Citigroup restated a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Zacks Research downgraded Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Morgan Stanley reissued an “underweight” rating on shares of Alfa Laval in a research report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research note on Thursday, February 5th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Alfa Laval currently has a consensus rating of “Hold”.

Alfa Laval Company Profile

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.