Alfa Laval Corporate (OTCMKTS:ALFVF) Trading 17.7% Higher – Here’s Why

Shares of Alfa Laval Corporate AB (OTCMKTS:ALFVF) traded up 17.7% during mid-day trading on Friday . The stock traded as high as $54.75 and last traded at $54.75. 665 shares were traded during mid-day trading, a decline of 5% from the average session volume of 700 shares. The stock had previously closed at $46.50.

Alfa Laval Corporate Price Performance

The company has a 50-day moving average price of $49.01 and a two-hundred day moving average price of $44.70.

Alfa Laval Corporate Company Profile

Alfa Laval Corporate (OTCMKTS:ALFVF) is a Swedish engineering company specializing in heat transfer, separation and fluid handling technologies. Its products and solutions are used to improve energy efficiency, enhance food safety and support environmentally sustainable operations. Alfa Laval serves customers across a broad range of industries, including oil and gas, chemical processing, power generation, marine transportation and food and beverage production.

The company traces its roots to the late 19th century, when Swedish engineer Gustaf de Laval invented a centrifugal milk-separator in 1883.