Shares of Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 33,371 shares were traded during trading, an increase of 79% from the previous session’s volume of 18,604 shares.The stock last traded at $57.50 and had previously closed at $58.57.
Analyst Ratings Changes
Several research analysts recently issued reports on ALFVY shares. Pareto Securities raised Alfa Laval from a “hold” rating to a “buy” rating in a research note on Wednesday, July 22nd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on Alfa Laval
Alfa Laval Stock Performance
Alfa Laval (OTCMKTS:ALFVY – Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%.The company had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Research analysts anticipate that Alfa Laval AB Unsponsored ADR will post 2.33 earnings per share for the current year.
About Alfa Laval
Alfa Laval AB is a Swedish industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its equipment is used to improve energy efficiency, support production processes and manage fluids across a range of industrial and commercial applications.
The company’s product portfolio includes heat exchangers, centrifugal separators, decanters, pumps, valves, fluid-processing equipment and related systems. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment and marine transportation.
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