Alfa Laval (OTCMKTS:ALFVY) Hits New 52-Week High – Still a Buy?

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.94 and last traded at $50.94, with a volume of 266 shares. The stock had previously closed at $50.2350.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on ALFVY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Citigroup restated a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a research note on Wednesday, December 3rd. Finally, Zacks Research upgraded shares of Alfa Laval from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Alfa Laval presently has an average rating of “Moderate Buy”.

Alfa Laval Price Performance

The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 0.23. The stock has a fifty day simple moving average of $48.27 and a 200-day simple moving average of $46.20. The stock has a market cap of $21.03 billion, a price-to-earnings ratio of 25.94, a price-to-earnings-growth ratio of 2.53 and a beta of 1.22.

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.