Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Sees Significant Decrease in Short Interest

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,506 shares, a decline of 56.6% from the June 30th total of 5,779 shares. Based on an average daily volume of 27,981 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research note on Wednesday, July 22nd. Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a research note on Monday, July 13th. Finally, Pareto Securities raised shares of Alfa Laval from a “hold” rating to a “buy” rating in a report on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Alfa Laval Stock Down 1.7%

ALFVY opened at $57.51 on Wednesday. The stock has a market cap of $23.77 billion, a price-to-earnings ratio of 27.26, a price-to-earnings-growth ratio of 3.95 and a beta of 1.14. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.38. The firm’s fifty day moving average is $57.73 and its 200 day moving average is $57.34. Alfa Laval has a fifty-two week low of $42.88 and a fifty-two week high of $62.95.

Alfa Laval (OTCMKTS:ALFVY) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.60% and a net margin of 11.63%.The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. On average, sell-side 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.