Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Sees Large Increase in Short Interest
by Danessa Lincoln · The Markets DailyAlfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY – Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,175 shares, an increase of 86.1% from the November 30th total of 1,706 shares. Based on an average daily volume of 54,325 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 54,325 shares, the days-to-cover ratio is presently 0.1 days.
Alfa Laval Price Performance
OTCMKTS ALFVY opened at $50.39 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 0.23. The company has a market cap of $20.83 billion, a PE ratio of 25.32, a price-to-earnings-growth ratio of 2.62 and a beta of 1.24. Alfa Laval has a 52 week low of $36.86 and a 52 week high of $50.65. The firm’s 50-day simple moving average is $48.16 and its two-hundred day simple moving average is $45.97.
Analyst Ratings Changes
ALFVY has been the topic of several recent analyst reports. Zacks Research downgraded Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Citigroup restated a “neutral” rating on shares of Alfa Laval in a research note on Monday, December 15th. Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
View Our Latest Stock Report on Alfa Laval
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.