Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Up 94.0% in March

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 8,228 shares, an increase of 94.0% from the February 26th total of 4,242 shares. Based on an average daily volume of 62,196 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ALFVY shares. Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Zacks Research cut shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Morgan Stanley reiterated an “underweight” rating on shares of Alfa Laval in a research note on Monday, February 23rd. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a research note on Thursday, February 5th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Alfa Laval Stock Down 2.8%

Alfa Laval stock traded down $1.52 during mid-day trading on Friday, reaching $52.82. The company’s stock had a trading volume of 27,267 shares, compared to its average volume of 27,000. Alfa Laval has a twelve month low of $36.86 and a twelve month high of $59.48. The business has a 50 day moving average price of $56.71 and a 200-day moving average price of $51.27. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.75 and a current ratio of 1.18.

Alfa Laval (OTCMKTS:ALFVY) last posted its earnings results on Tuesday, February 3rd. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.12). The firm had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.03 billion. Alfa Laval had a net margin of 11.86% and a return on equity of 19.71%. As a group, analysts expect that Alfa Laval will post 1.85 earnings per share for the current year.

Alfa Laval Company Profile

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.