Alfa Laval (OTCMKTS:ALFVY) Sees Large Volume Increase – Time to Buy?

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw an uptick in trading volume on Thursday . 281,769 shares changed hands during trading, an increase of 1,140% from the previous session’s volume of 22,723 shares.The stock last traded at $49.13 and had previously closed at $48.10.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ALFVY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Zacks Research lowered Alfa Laval from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a report on Monday. Barclays restated an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.

Alfa Laval Trading Up 1.1%

The company has a debt-to-equity ratio of 0.23, a current ratio of 1.12 and a quick ratio of 0.72. The stock has a market cap of $20.47 billion, a PE ratio of 24.89, a PEG ratio of 2.55 and a beta of 1.24. The company’s fifty day moving average is $47.85 and its 200-day moving average is $45.62.

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.