Shares of Rotork plc (OTCMKTS:RTOXF – Get Free Report) were down 5.5% during trading on Monday. The stock traded as low as $5.99 and last traded at $5.99. Approximately 652 shares changed hands during trading, a decline of 87% from the average daily volume of 4,872 shares. The stock had previously closed at $6.34.
Analyst Ratings Changes
Several research firms recently commented on RTOXF. Royal Bank Of Canada lowered shares of Rotork from an “outperform” rating to a “sector perform” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft cut Rotork from a “buy” rating to a “hold” rating in a research note on Thursday, July 16th. Finally, BNP Paribas Exane cut Rotork from an “outperform” rating to a “neutral” rating in a report on Tuesday, July 21st. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
Check Out Our Latest Research Report on RTOXF
Rotork Stock Performance
About Rotork
Rotork plc is a United Kingdom-based industrial engineering company that designs and manufactures equipment for the control and automation of fluid-handling processes. Its products are used to operate and monitor valves and other flow-control equipment in applications where the movement of liquids, gases, or powders must be regulated safely and reliably.
The company’s product portfolio includes electric, pneumatic, hydraulic, and electro-hydraulic valve actuators, as well as gearboxes, control systems, instrumentation, and valve-monitoring technologies.
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