Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Increases By 29.2%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 3,100 shares, a growth of 29.2% from the August 31st total of 2,400 shares. Based on an average daily trading volume, of 25,000 shares, the short-interest ratio is presently 0.1 days.

Alfa Laval Corporate Stock Down 0.7 %

Alfa Laval Corporate stock traded down $0.34 during mid-day trading on Friday, reaching $48.07. 7,349 shares of the company were exchanged, compared to its average volume of 12,357. Alfa Laval Corporate has a 12-month low of $30.44 and a 12-month high of $48.46. The business has a fifty day moving average of $44.05 and a 200 day moving average of $43.30. The firm has a market cap of $19.87 billion, a P/E ratio of 32.26, a PEG ratio of 2.42 and a beta of 1.45. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.87 and a current ratio of 1.36.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.09). The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Alfa Laval Corporate had a net margin of 10.14% and a return on equity of 17.48%. Research analysts anticipate that Alfa Laval Corporate will post 1.75 earnings per share for the current fiscal year.

About Alfa Laval Corporate

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.