Alfa Laval Corporate AB (OTCMKTS:ALFVY) Sees Large Growth in Short Interest

Alfa Laval Corporate AB (OTCMKTS:ALFVYGet Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 9,100 shares, a growth of 82.0% from the July 15th total of 5,000 shares. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is currently 0.4 days.

Alfa Laval Corporate Trading Up 0.1 %

ALFVY opened at $43.20 on Friday. The company’s 50 day moving average is $43.72 and its 200-day moving average is $41.59. Alfa Laval Corporate has a 1-year low of $30.44 and a 1-year high of $46.96. The company has a current ratio of 1.36, a quick ratio of 0.87 and a debt-to-equity ratio of 0.26. The company has a market cap of $17.86 billion, a P/E ratio of 28.99, a PEG ratio of 2.19 and a beta of 1.45.

Alfa Laval Corporate (OTCMKTS:ALFVYGet Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.09). The company had revenue of $1.64 billion during 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%. Equities research analysts predict that Alfa Laval Corporate will post 1.76 earnings per share for the current fiscal year.

Alfa Laval Corporate Company Profile

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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.

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