Alfa Laval (OTCMKTS:ALFVY) Sees Large Volume Increase – What’s Next?

Shares of Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) saw an uptick in trading volume on Friday . 58,108 shares changed hands during trading, an increase of 142% from the previous session’s volume of 23,973 shares.The stock last traded at $50.5310 and had previously closed at $50.40.

Analyst Ratings Changes

Several research firms have recently weighed in on ALFVY. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Zacks Research cut Alfa Laval from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 26th. Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.

Alfa Laval Price Performance

The firm has a 50 day moving average price of $48.12 and a 200 day moving average price of $45.89. The stock has a market capitalization of $20.86 billion, a PE ratio of 25.36, a price-to-earnings-growth ratio of 2.62 and a beta of 1.24. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 0.23.

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.