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

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw unusually-strong trading volume on Thursday . Approximately 54,927 shares changed hands during mid-day trading, an increase of 198% from the previous session’s volume of 18,462 shares.The stock last traded at $57.9940 and had previously closed at $57.54.

Analyst Upgrades and Downgrades

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

Alfa Laval Stock Down 0.1%

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 stock has a market capitalization of $24.00 billion, a P/E ratio of 27.52, a price-to-earnings-growth ratio of 3.92 and a beta of 1.13. The firm has a 50 day moving average of $58.84 and a 200-day moving average of $57.91.

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