Alfa Laval (OTCMKTS:ALFVY) Reaches New 1-Year High – Here’s Why

Shares of Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) reached a new 52-week high on Monday . The company traded as high as $53.87 and last traded at $53.87, with a volume of 1114 shares. The stock had previously closed at $53.51.

Analyst Upgrades and Downgrades

A number of research firms have commented on ALFVY. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Zacks Research raised shares of Alfa Laval from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Citigroup restated a “neutral” rating on shares of Alfa Laval in a research report on Monday, December 15th. Finally, Barclays restated an “overweight” rating on shares of Alfa Laval in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Alfa Laval currently has a consensus rating of “Moderate Buy”.

Alfa Laval Trading Up 0.7%

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.72 and a current ratio of 1.12. The company has a market capitalization of $22.27 billion, a price-to-earnings ratio of 27.07, a price-to-earnings-growth ratio of 2.66 and a beta of 1.22. The firm has a fifty day moving average price of $48.64 and a 200-day moving average price of $46.59.

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.