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

Alfa Laval Corporate AB (OTCMKTS:ALFVYGet Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,300 shares, a growth of 2,200.0% from the December 31st total of 100 shares. Based on an average daily volume of 41,300 shares, the short-interest ratio is presently 0.1 days.

Alfa Laval Corporate Stock Down 2.0 %

Shares of ALFVY traded down $0.91 during midday trading on Tuesday, reaching $43.99. 28,297 shares of the stock were exchanged, compared to its average volume of 22,002. Alfa Laval Corporate has a 12-month low of $34.99 and a 12-month high of $48.46. The firm has a 50 day simple moving average of $42.84 and a 200-day simple moving average of $43.86. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 0.25. The company has a market cap of $18.18 billion, a price-to-earnings ratio of 27.84, a P/E/G ratio of 2.05 and a beta of 1.42.

Analysts Set New Price Targets

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

View Our Latest Research Report on ALFVY

About Alfa Laval Corporate

(Get Free Report)

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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