Alfa Laval (OTCMKTS:ALFVY) Hits New 52-Week High – Should You Buy?

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $53.87 and last traded at $53.87, with a volume of 1114 shares traded. The stock had previously closed at $53.51.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Zacks Research raised Alfa Laval from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 29th. Barclays reissued an “overweight” rating on shares of Alfa Laval in a report on Wednesday, December 3rd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research note on Monday, December 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Alfa Laval currently has an average rating of “Moderate Buy”.

Alfa Laval Stock Performance

The company has a 50-day moving average of $48.64 and a 200-day moving average of $46.59. The company has a market cap of $22.27 billion, a PE ratio of 27.07, a PEG ratio of 2.66 and a beta of 1.22. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 0.23.

About Alfa Laval

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.