Alfa Laval Corporate (OTCMKTS:ALFVY) Upgraded to Hold at UBS Group

Alfa Laval Corporate (OTCMKTS:ALFVY) was upgraded by investment analysts at UBS Group from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other equities research analysts also recently weighed in on ALFVY. Royal Bank of Canada raised Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, December 18th. The Goldman Sachs Group raised Alfa Laval Corporate from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 26th.

Alfa Laval Corporate Stock Performance

Shares of OTCMKTS:ALFVY traded down $0.73 during trading on Wednesday, hitting $39.12. The stock had a trading volume of 70,479 shares, compared to its average volume of 34,861. The stock has a 50-day simple moving average of $43.25 and a two-hundred day simple moving average of $43.70. The stock has a market capitalization of $16.17 billion, a price-to-earnings ratio of 23.15, a price-to-earnings-growth ratio of 2.08 and a beta of 1.34. Alfa Laval Corporate has a 12-month low of $36.86 and a 12-month high of $48.46. The company has a quick ratio of 0.84, a current ratio of 1.34 and a debt-to-equity ratio of 0.22.

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