Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Update

Key Points

• Alfa Laval AB experienced a 174.2% increase in short interest from July 15th to July 31st, totaling 17,000 shares, indicating growing bearish sentiment among investors.
• The company's last quarterly earnings report showed earnings per share (EPS) of $0.50, which missed analysts' estimates of $0.55 by $0.05.
• Several analysts have rated Alfa Laval as a "Hold," with Nordea Equity Research upgrading its rating from "sell" to "hold."

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 17,000 shares, anincreaseof174.2% from the July 15th total of 6,200 shares. Based on an average daily volume of 21,400 shares, the days-to-cover ratio is currently 0.8 days. Approximately0.0% of the shares of the stock are sold short. Approximately0.0% of the shares of the stock are sold short. Based on an average daily volume of 21,400 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ALFVY shares. Citigroup reaffirmed a "neutral" rating on shares of Alfa Laval in a report on Wednesday, July 30th. Nordea Equity Research raised Alfa Laval from a "sell" rating to a "hold" rating in a report on Wednesday, July 23rd. Four equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Hold".

Alfa Laval Trading Up 0.6%

OTCMKTS:ALFVY opened at $44.21 on Friday. The firm has a market cap of $18.27 billion, a PE ratio of 23.64, a price-to-earnings-growth ratio of 2.31 and a beta of 1.34. The stock has a fifty day moving average price of $43.13 and a 200 day moving average price of $42.86. Alfa Laval has a 12-month low of $36.86 and a 12-month high of $48.46. The company has a current ratio of 1.34, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) last announced its quarterly earnings results on Tuesday, July 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 19.85% and a net margin of 11.86%. The business had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.83 billion. Sell-side analysts anticipate that Alfa Laval will post 1.85 earnings per share for the current fiscal year.

About Alfa Laval

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.

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