Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Up 156.6% in May

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 8,075 shares, an increase of 156.6% from the May 14th total of 3,147 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 28,034 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Morgan Stanley restated an “underweight” rating on shares of Alfa Laval in a research report on Monday, February 23rd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a report on Thursday, April 9th. Finally, Pareto Securities cut Alfa Laval from a “buy” rating to a “hold” rating in a report on Wednesday, April 8th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Alfa Laval currently has an average rating of “Hold”.

Alfa Laval Price Performance

Shares of ALFVY opened at $56.24 on Friday. Alfa Laval has a 12-month low of $40.27 and a 12-month high of $62.95. The business has a 50-day simple moving average of $58.10 and a two-hundred day simple moving average of $55.29. The company has a quick ratio of 0.84, a current ratio of 1.38 and a debt-to-equity ratio of 0.29. The stock has a market cap of $23.25 billion, a PE ratio of 26.91, a PEG ratio of 3.21 and a beta of 1.14.

Alfa Laval (OTCMKTS:ALFVY) last issued its earnings results on Wednesday, April 22nd. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.05). Alfa Laval had a return on equity of 18.93% and a net margin of 11.83%.The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.78 billion. Analysts anticipate that Alfa Laval will post 2.37 earnings per share for the current fiscal year.

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.