Alfa Laval Corporate (OTCMKTS:ALFVY) Sets New 12-Month High at $43.77

Shares of Alfa Laval Corporate AB (OTCMKTS:ALFVY) 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 trading hands. The stock had previously closed at $43.51.

Alfa Laval Corporate Trading Down 0.3 %

The company has a market cap of $18.12 billion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 2.82 and a beta of 1.44. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.28 and a quick ratio of 0.78. The business’s fifty day moving average price is $40.05 and its 200 day moving average price is $37.64.

Alfa Laval Corporate (OTCMKTS:ALFVY) last released its earnings results on Thursday, April 25th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.50 billion. Research analysts anticipate that Alfa Laval Corporate AB will post 1.62 earnings per share for the current fiscal year.

Alfa Laval Corporate Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 20th. Stockholders of record on Monday, April 29th will be given a $0.7098 dividend. The ex-dividend date is Friday, April 26th. This is a positive change from Alfa Laval Corporate’s previous dividend of $0.43. Alfa Laval Corporate’s dividend payout ratio (DPR) is 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.