Alfa Laval Corporate (OTCMKTS:ALFVY) Shares Down 0.4% – Should You Sell?

Alfa Laval Corporate AB (OTCMKTS:ALFVY)’s share price traded down 0.4% on Thursday . The company traded as low as $44.44 and last traded at $44.94. 42,846 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 33,816 shares. The stock had previously closed at $45.11.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded shares of Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 18th.

Alfa Laval Corporate Price Performance

The company has a current ratio of 1.34, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average of $43.78 and a 200 day moving average of $44.03. The firm has a market capitalization of $18.57 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 2.08 and a beta of 1.43.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced its earnings results on Wednesday, February 5th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a net margin of 11.07% and a return on equity of 18.34%. As a group, research analysts anticipate that Alfa Laval Corporate AB will post 1.85 EPS for the current fiscal year.

About Alfa Laval Corporate

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.