Alfa Laval (OTCMKTS:ALFVY) Sees Strong Trading Volume – What’s Next?

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw unusually-high trading volume on Thursday . Approximately 281,769 shares traded hands during trading, an increase of 1,140% from the previous session’s volume of 22,723 shares.The stock last traded at $49.13 and had previously closed at $48.10.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a research note on Wednesday, December 3rd. Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research report on Monday. Finally, Zacks Research lowered Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Alfa Laval currently has a consensus rating of “Hold”.

Alfa Laval Stock Performance

The stock has a market cap of $20.26 billion, a PE ratio of 24.63, a P/E/G ratio of 2.57 and a beta of 1.24. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.12 and a quick ratio of 0.72. The stock has a 50-day simple moving average of $47.76 and a 200-day simple moving average of $45.54.

Alfa Laval 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.