Alfa Laval Corporate (OTCMKTS:ALFVY) Sets New 12-Month High at $43.77

Alfa Laval Corporate AB (OTCMKTS:ALFVY)’s stock price reached a new 52-week high on Monday . The stock traded as high as $43.77 and last traded at $43.57, with a volume of 21389 shares. The stock had previously closed at $43.51.

Alfa Laval Corporate Trading Up 0.1 %

The business has a 50 day moving average price of $39.91 and a 200-day moving average price of $37.55. The company has a market cap of $18.01 billion, a P/E ratio of 29.24, a PEG ratio of 2.82 and a beta of 1.44. The company has a current ratio of 1.28, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26.

Alfa Laval Corporate (OTCMKTS:ALFVY) last posted its earnings results on Thursday, April 25th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. Alfa Laval Corporate had a return on equity of 17.86% and a net margin of 10.11%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.50 billion. Analysts forecast that Alfa Laval Corporate AB will post 1.62 earnings per share for the current fiscal year.

Alfa Laval Corporate Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 20th. Stockholders of record on Monday, April 29th will be given a $0.7098 dividend. The ex-dividend date is Friday, April 26th. This is a positive change from Alfa Laval Corporate’s previous dividend of $0.43. Alfa Laval Corporate’s dividend payout ratio is presently 30.20%.

Alfa Laval Corporate Company Profile

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.