Atlas Copco (OTCMKTS:ALFVY) Downgraded by Zacks Investment Research to “Sell”

Zacks Investment Research lowered shares of Atlas Copco (OTCMKTS:ALFVY) from a hold rating to a sell rating in a report published on Wednesday morning, Zacks.com reports.

According to Zacks, “Alfa Laval AB engages on energy optimization, environmental protection and food production. Its operating segment consists of Equipment, Process Technology, Marine & Diesel, and Operations & Other. Equipment segment engages on sale of components to customers with recurring requirements and well-defined needs. Process Technology segment serves customers which require customized solutions to enhance the efficiency of their processes or boost their capacity. Marine & Diesel Division offers components, modules, systems and service for the marine and offshore markets and for land-based diesel power. Operations & Other segment covers the procurement, productions, and logistics, as well as the corporate overhead and non-core businesses. Alfa Laval AB is headquartered in Lund, Sweden. “

Shares of OTCMKTS ALFVY traded up $0.27 during mid-day trading on Wednesday, hitting $25.89. 14,986 shares of the company were exchanged, compared to its average volume of 13,185. The company has a quick ratio of 0.77, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. The stock has a 50 day simple moving average of $25.02 and a 200-day simple moving average of $21.57. Atlas Copco has a 1-year low of $17.22 and a 1-year high of $25.89. The firm has a market cap of $10.86 billion, a price-to-earnings ratio of 20.88 and a beta of 0.80.

Atlas Copco (OTCMKTS:ALFVY) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.36 earnings per share for the quarter. Atlas Copco had a return on equity of 21.11% and a net margin of 11.96%. The firm had revenue of $1.26 billion during the quarter. Analysts anticipate that Atlas Copco will post 1.45 earnings per share for the current fiscal year.

Atlas Copco Company Profile

Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in five segments: Energy, Food & Water, Marine, Greenhouse, and Operations & Other. It offers fluid handling systems, such as automation and fluid control equipment; installation materials; analytical, cleaning validation, flow, level, pressure, temperature, and weighing instruments, as well as instrumentation accessories; mixing equipment; centrifugal, circumferential piston, rotary lobe, and screw pumps; rotary jet and spray heads; tank covers and accessories; and valves.

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