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

Alfa Laval Corporate AB (OTCMKTS:ALFVY) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 4,300 shares, a decline of 65.6% from the February 29th total of 12,500 shares. Based on an average daily trading volume, of 19,100 shares, the days-to-cover ratio is presently 0.2 days.

Alfa Laval Corporate Stock Down 0.5 %

Shares of ALFVY stock opened at $39.98 on Thursday. The company has a 50 day simple moving average of $37.53 and a two-hundred day simple moving average of $36.16. The stock has a market cap of $16.52 billion, a P/E ratio of 27.57, a P/E/G ratio of 2.85 and a beta of 1.49. Alfa Laval Corporate has a 12 month low of $30.44 and a 12 month high of $41.83. The company has a current ratio of 1.28, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26.

Alfa Laval Corporate (OTCMKTS:ALFVY) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.09). The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.72 billion. Alfa Laval Corporate had a return on equity of 17.38% and a net margin of 9.95%. On average, research analysts expect that Alfa Laval Corporate will post 1.66 earnings per share for the current year.

Alfa Laval Corporate Company Profile

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.