Alfa Laval Corporate (OTCMKTS:ALFVY) Sets New 52-Week Low at $23.15

Alfa Laval Corporate AB (OTCMKTS:ALFVYGet Rating)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $23.15 and last traded at $23.39, with a volume of 53394 shares. The stock had previously closed at $23.95.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. DNB Markets raised Alfa Laval Corporate from a “hold” rating to a “buy” rating in a research note on Wednesday, June 15th. Morgan Stanley reduced their price objective on Alfa Laval Corporate from SEK 278 to SEK 270 in a research note on Thursday, June 30th. Finally, Royal Bank of Canada raised their price target on Alfa Laval Corporate from SEK 340 to SEK 350 in a research note on Thursday, July 21st. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Alfa Laval Corporate has an average rating of “Hold” and a consensus price target of $332.67.

Alfa Laval Corporate Price Performance

The stock has a 50 day moving average price of $27.60 and a two-hundred day moving average price of $28.15. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.81 and a current ratio of 1.40. The company has a market capitalization of $9.68 billion, a PE ratio of 18.16, a P/E/G ratio of 2.13 and a beta of 1.50.

Alfa Laval Corporate (OTCMKTS:ALFVYGet Rating) last issued its quarterly earnings data on Wednesday, July 20th. The company reported $0.28 earnings per share for the quarter. Alfa Laval Corporate had a return on equity of 15.58% and a net margin of 10.57%. The business had revenue of $1.21 billion for the quarter. Equities analysts forecast that Alfa Laval Corporate AB will post 1.22 earnings per share for the current year.

Alfa Laval Corporate Company Profile

(Get Rating)

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in three divisions: Energy, Food & Water, and Marine. It 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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