Alfa Laval (OTCMKTS:ALFVY) Sees Strong Trading Volume – Here’s Why

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw unusually-high trading volume on Friday . Approximately 65,864 shares were traded during mid-day 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 Ratings Changes

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

Alfa Laval Stock Performance

The company has a market cap of $24.74 billion, a price-to-earnings 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. The firm has a 50 day simple moving average of $58.69 and a 200-day simple moving average of $57.86.

Alfa Laval (OTCMKTS:ALFVY) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.10). Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. As a group, analysts predict that Alfa Laval AB Unsponsored ADR will post 2.33 EPS for the current fiscal 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.