Short Interest in Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Declines By 53.3%
by Doug Wharley · The Cerbat GemAlfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,171 shares, a decline of 53.3% from the July 15th total of 2,506 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 21,960 shares, the days-to-cover ratio is currently 0.1 days.
Analysts Set New Price Targets
Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft restated 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 report on Friday, August 7th. Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a research report on Thursday, July 30th. Finally, Pareto Securities upgraded shares of Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Alfa Laval currently has an average rating of “Hold”.
Check Out Our Latest Report on Alfa Laval
Alfa Laval Trading Up 0.0%
OTCMKTS ALFVY opened at $58.54 on Monday. Alfa Laval has a twelve month low of $43.92 and a twelve month high of $62.95. 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 cap of $24.20 billion, a price-to-earnings ratio of 27.74, a PEG ratio of 3.95 and a beta of 1.12. The firm’s 50 day moving average price is $58.23 and its two-hundred day moving average price is $57.75.
Alfa Laval (OTCMKTS:ALFVY – Get Free Report) last issued its earnings results on Tuesday, July 21st. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.10). The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.87 billion. Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%. Equities analysts anticipate that Alfa Laval will post 2.33 EPS for the current 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.