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

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $50.68 and last traded at $50.59, with a volume of 396 shares trading hands. The stock had previously closed at $50.39.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ALFVY shares. Barclays reissued an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Royal Bank Of Canada restated 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, December 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Finally, Zacks Research downgraded Alfa Laval from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 26th. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Alfa Laval Stock Up 0.4%

The firm has a 50-day moving average price of $48.16 and a two-hundred day moving average price of $45.97. The company has a market capitalization of $20.91 billion, a P/E ratio of 25.42, a PEG ratio of 2.62 and a beta of 1.24. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 0.23.

Alfa Laval Company Profile

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.