Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Down 53.3% in July

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,171 shares, a drop of 53.3% from the July 15th total of 2,506 shares. Based on an average trading volume of 21,960 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

ALFVY has been the topic of several research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a research note on Thursday, July 30th. Pareto Securities raised shares of Alfa Laval from a “hold” rating to a “buy” rating in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Wednesday, July 22nd. Finally, Citigroup reissued a “neutral” rating on shares of Alfa Laval in a research report on Friday, August 7th. 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Alfa Laval Price Performance

Shares of OTCMKTS:ALFVY opened at $58.54 on Friday. Alfa Laval has a 1-year low of $43.92 and a 1-year high of $62.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.12 and a quick ratio of 0.69. The business has a fifty day moving average price of $58.23 and a 200-day moving average price of $57.74. The company has a market capitalization of $24.20 billion, a PE ratio of 27.74, a PEG ratio of 3.95 and a beta of 1.12.

Alfa Laval (OTCMKTS:ALFVY) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.10). The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%. As a group, equities analysts expect that Alfa Laval will post 2.33 EPS for the current fiscal 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.