Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Up 65.6% in August

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,939 shares, an increase of 65.6% from the July 30th total of 1,171 shares. Based on an average daily volume of 17,178 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ALFVY. Pareto Securities raised shares of Alfa Laval from a “hold” rating to a “buy” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada restated an “outperform” rating on shares of Alfa Laval in a research note on Thursday, July 30th. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research note on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Alfa Laval presently has an average rating of “Hold”.

Alfa Laval Stock Performance

OTCMKTS:ALFVY opened at $58.41 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.69 and a current ratio of 1.12. The stock has a market capitalization of $24.14 billion, a PE ratio of 27.68, a P/E/G ratio of 4.04 and a beta of 1.13. Alfa Laval has a fifty-two week low of $44.75 and a fifty-two week high of $62.95. The company has a fifty day moving average of $58.81 and a two-hundred day moving average of $57.90.

Alfa Laval (OTCMKTS:ALFVY) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. As a group, research analysts forecast that Alfa Laval will post 2.33 earnings per share for the current fiscal year.

About Alfa Laval

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.