Alfa Laval Corporate (OTCMKTS:ALFVY) Stock Price Down 0.4% – Should You Sell?

Alfa Laval Corporate AB (OTCMKTS:ALFVY)’s stock price traded down 0.4% during mid-day trading on Thursday . The company traded as low as $44.44 and last traded at $44.94. 42,846 shares changed hands during mid-day trading, an increase of 27% from the average session volume of 33,816 shares. The stock had previously closed at $45.11.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upgraded Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 18th.

Alfa Laval Corporate Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.34 and a debt-to-equity ratio of 0.22. The stock’s fifty day moving average is $43.84 and its two-hundred day moving average is $44.03. The firm has a market capitalization of $18.51 billion, a price-to-earnings ratio of 26.50, a P/E/G ratio of 2.08 and a beta of 1.43.

Alfa Laval Corporate (OTCMKTS:ALFVY) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. On average, analysts predict that Alfa Laval Corporate AB will post 1.85 earnings per share for the current year.

About Alfa Laval Corporate

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.