Alfa Laval Corporate (OTCMKTS:ALFVY) Reaches New 1-Year High at $46.96

Alfa Laval Corporate AB (OTCMKTS:ALFVY) reached a new 52-week high on Wednesday . The company traded as high as $46.96 and last traded at $46.48, with a volume of 8541 shares changing hands. The stock had previously closed at $45.27.

Alfa Laval Corporate Stock Performance

The firm has a market capitalization of $18.21 billion, a P/E ratio of 30.81, a price-to-earnings-growth ratio of 2.99 and a beta of 1.45. The company has a 50-day moving average of $43.31 and a 200-day moving average of $39.76. The company has a current ratio of 1.36, a quick ratio of 0.87 and a debt-to-equity ratio of 0.26.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its quarterly earnings data on Thursday, April 25th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.50 billion. Alfa Laval Corporate had a return on equity of 17.36% and a net margin of 10.11%. On average, equities analysts anticipate that Alfa Laval Corporate AB will post 1.63 earnings per share for the current fiscal year.

Alfa Laval Corporate Increases Dividend

The company also recently declared a dividend, which was paid on Monday, May 20th. Shareholders of record on Monday, April 29th were issued a dividend of $0.7098 per share. This is a positive change from Alfa Laval Corporate’s previous dividend of $0.43. The ex-dividend date of this dividend was Friday, April 26th. Alfa Laval Corporate’s dividend payout ratio (DPR) is presently 28.86%.

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.