Alfa Laval (OTCMKTS:ALFVY) Sees Unusually-High Trading Volume – Time to Buy?

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) shares saw unusually-high trading volume on Friday . Approximately 58,108 shares changed hands during mid-day 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.

Analysts Set New Price Targets

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

Alfa Laval Stock Up 0.3%

The firm’s 50 day moving average price is $48.06 and its two-hundred day moving average price is $45.82. The firm has a market capitalization of $20.89 billion, a PE ratio of 25.39, a P/E/G ratio of 2.62 and a beta of 1.24. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 0.23.

Alfa Laval Company Profile

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.