Alfa Laval Corporate (OTCMKTS:ALFVY) Reaches New 1-Year High at $43.77

Alfa Laval Corporate AB (OTCMKTS:ALFVY)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $43.77 and last traded at $43.57, with a volume of 21389 shares. The stock had previously closed at $43.51.

Alfa Laval Corporate Trading Down 0.3 %

The business has a fifty day moving average of $40.05 and a two-hundred day moving average of $37.64. The firm has a market cap of $18.12 billion, a price-to-earnings ratio of 29.42, a PEG ratio of 2.82 and a beta of 1.44. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.28.

Alfa Laval Corporate (OTCMKTS:ALFVY) last posted its earnings results on Thursday, April 25th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.02. Alfa Laval Corporate had a net margin of 10.11% and a return on equity of 17.86%. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.50 billion. As a group, equities analysts expect that Alfa Laval Corporate AB will post 1.62 earnings per share for the current fiscal year.

Alfa Laval Corporate Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 20th. Shareholders of record on Monday, April 29th will be given a dividend of $0.7098 per share. This is an increase from Alfa Laval Corporate’s previous dividend of $0.43. The ex-dividend date of this dividend is Friday, April 26th. Alfa Laval Corporate’s dividend payout ratio (DPR) is presently 30.20%.

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.