Alfa Laval (OTCMKTS:ALFVY) Sets New 12-Month High – Still a Buy?

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $50.6499 and last traded at $50.6499, with a volume of 1606 shares changing hands. The stock had previously closed at $49.8550.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ALFVY shares. Zacks Research downgraded Alfa Laval from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Citigroup restated a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Finally, Barclays restated an “overweight” rating on shares of Alfa Laval in a research note on Wednesday, December 3rd. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Alfa Laval Stock Performance

The stock has a market capitalization of $20.83 billion, a P/E ratio of 25.33, a PEG ratio of 2.61 and a beta of 1.24. The stock’s 50-day simple moving average is $48.01 and its 200 day simple moving average is $45.79. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.12 and a quick ratio of 0.72.

About Alfa Laval

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.