Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Stock Short Interest Report for October

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 3,350 shares, an increase of 3,541.3% from the September 30th total of 92 shares. Based on an average daily volume of 31,366 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Alfa Laval Price Performance

Shares of ALFVY traded up $0.60 during mid-day trading on Monday, hitting $54.91. 49,329 shares of the stock were exchanged, compared to its average volume of 19,122. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.69 and a current ratio of 1.12. The company has a market cap of $22.70 billion, a PE ratio of 26.02, a price-to-earnings-growth ratio of 3.80 and a beta of 1.12. Alfa Laval has a 52-week low of $44.78 and a 52-week high of $62.95. The firm has a 50-day moving average of $57.34 and a two-hundred day moving average of $58.01.

Wall Street Analysts Forecast Growth

ALFVY has been the subject of a number of research analyst reports. Danske lowered shares of Alfa Laval to a “hold” rating in a report on Tuesday, September 29th. Zacks Research cut shares of Alfa Laval from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 13th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a report on Thursday, July 30th. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a report on Friday, August 7th. Finally, Pareto Securities upgraded Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

About Alfa Laval

Alfa Laval AB is a Swedish industrial company that develops and supplies products and systems for heat transfer, separation and fluid handling. Its technologies are used to improve energy efficiency, manage industrial processes and support the treatment of liquids, gases and other materials.

The company’s offerings include heat exchangers, centrifugal separators, pumps, valves, hygienic fluid-handling equipment, tank-cleaning systems and related process solutions. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment, marine transportation and other industrial markets.

Alfa Laval traces its origins to 1883, when Swedish engineer and inventor Gustaf de Laval founded the company that became associated with its separator technology.