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

Key Points

• Short interest plunged 96.5% to 2,070 shares as of September 15, representing approximately 0.0% of shares outstanding and a 0.0-day days-to-cover ratio.
• ALFVY shares traded at $56.54, with a $23.37 billion market capitalization and a 12-month range of $44.75 to $62.95. The company’s latest quarterly EPS of $0.52 missed analysts’ $0.62 estimate, while revenue matched expectations at $1.87 billion.
• Analyst views remain mixed: four analysts rate the stock Buy, two Hold and one Sell, resulting in a consensus rating of Hold.

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY - Get Free Report) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,070 shares, a decrease of 96.5% from the August 31st total of 59,628 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 54,491 shares, the days-to-cover ratio is presently 0.0 days.

Alfa Laval Stock Performance

Shares of OTCMKTS:ALFVY traded up $0.12 during midday trading on Thursday, hitting $56.54. The company had a trading volume of 19,755 shares, compared to its average volume of 19,158. Alfa Laval has a 12-month low of $44.75 and a 12-month high of $62.95. The company has a fifty day moving average of $58.27 and a two-hundred day moving average of $57.79. The company has a market cap of $23.37 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 4.02 and a beta of 1.13. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.12 and a quick ratio of 0.69.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) last released its earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.10). Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. The company had revenue of $1.87 billion for the quarter, compared to analysts' expectations of $1.87 billion. On average, equities research analysts expect that Alfa Laval will post 2.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ALFVY has been the topic of several research reports. Pareto Securities raised Alfa Laval from a "hold" rating to a "buy" rating in a research report on Wednesday, July 22nd. Citigroup reaffirmed a "neutral" rating on shares of Alfa Laval in a research report on Friday, August 7th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Alfa Laval in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Alfa Laval in a report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Alfa Laval currently has a consensus rating of "Hold".

About Alfa Laval

Alfa Laval AB is a Swedish industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its equipment is used to improve energy efficiency, support production processes and manage fluids across a range of industrial and commercial applications.

The company's product portfolio includes heat exchangers, centrifugal separators, decanters, pumps, valves, fluid-processing equipment and related systems. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment and marine transportation.

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