Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Down 99.0% in December

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decrease of 99.0% from the November 30th total of 10,500 shares. Based on an average daily volume of 26,600 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised shares of Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, December 18th.

Alfa Laval Corporate Trading Up 0.4 %

OTCMKTS ALFVY traded up $0.06 during trading on Thursday, hitting $41.98. 17,210 shares of the company’s stock traded hands, compared to its average volume of 12,647. The stock has a fifty day moving average of $43.56 and a two-hundred day moving average of $44.17. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.38 and a quick ratio of 0.86. The firm has a market cap of $17.35 billion, a P/E ratio of 26.57, a PEG ratio of 2.13 and a beta of 1.42. Alfa Laval Corporate has a 12-month low of $34.87 and a 12-month high of $48.46.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced its earnings results on Thursday, October 24th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.04). Alfa Laval Corporate had a return on equity of 17.71% and a net margin of 10.39%. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.74 billion. As a group, sell-side analysts expect that Alfa Laval Corporate will post 1.78 EPS for the current year.

Alfa Laval Corporate Company Profile

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.