Alfa Laval (OTCMKTS:ALFVY) Sees Unusually-High Trading Volume – Should You Buy?

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) shares saw strong 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 Ratings Changes

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

Alfa Laval Stock Down 1.1%

The company has a quick ratio of 0.69, a current ratio of 1.12 and a debt-to-equity ratio of 0.19. The stock has a market cap of $24.78 billion, a price-to-earnings ratio of 28.41, a PEG ratio of 4.05 and a beta of 1.12. The business’s fifty day moving average is $58.73 and its two-hundred day moving average is $57.87.

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

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.