Alfa Laval (OTCMKTS:ALFVY) Sees Unusually-High Trading Volume – Here’s Why

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw an uptick in trading volume on Friday . 65,864 shares were traded during trading, an increase of 301% from the previous session’s volume of 16,414 shares.The stock last traded at $59.85 and had previously closed at $60.61.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ALFVY shares. Pareto Securities raised shares of Alfa Laval from a “hold” rating to a “buy” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a report on Thursday, July 30th. Citigroup restated a “neutral” rating on shares of Alfa Laval in a research report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Alfa Laval Stock Down 1.3%

The business’s fifty day simple moving average is $58.69 and its two-hundred day simple moving average is $57.86. The company has a market cap of $24.74 billion, a PE ratio of 28.37, a PEG ratio of 4.08 and a beta of 1.12. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.12 and a quick ratio of 0.69.

Alfa Laval (OTCMKTS:ALFVY) last posted its earnings results on Tuesday, July 21st. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. On average, analysts predict that Alfa Laval AB Unsponsored ADR will post 2.33 earnings per share for the current year.

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.