Alfa Laval (OTCMKTS:ALFVY) Shares Gap Up – What’s Next?

by · The Cerbat Gem

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $48.8650, but opened at $50.22. Alfa Laval shares last traded at $50.21, with a volume of 740 shares trading hands.

Analyst Upgrades and Downgrades

ALFVY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Zacks Research cut Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Barclays reiterated an “overweight” rating on shares of Alfa Laval in a report on Wednesday, December 3rd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on ALFVY

Alfa Laval Price Performance

The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 0.23. The company’s 50 day moving average price is $47.58 and its 200-day moving average price is $45.31. The stock has a market cap of $20.73 billion, a P/E ratio of 25.20, a P/E/G ratio of 2.54 and a beta of 1.24.

Alfa Laval Company Profile

(Get Free Report)

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.

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