FLSmidth & Co. A/S (OTCMKTS:FLIDY – Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.96 and traded as low as $7.50. FLSmidth & Co. A/S shares last traded at $7.50, with a volume of 4,827 shares changing hands.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on FLIDY. Barclays raised shares of FLSmidth & Co. A/S from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. UBS Group raised shares of FLSmidth & Co. A/S from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Finally, Zacks Research raised shares of FLSmidth & Co. A/S to a “hold” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.
Read Our Latest Report on FLIDY
FLSmidth & Co. A/S Stock Performance
FLSmidth & Co. A/S (OTCMKTS:FLIDY – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.12. The business had revenue of $513.62 million for the quarter, compared to analyst estimates of $566.52 million.
About FLSmidth & Co. A/S
FLSmidth & Co A/S is a Denmark‐based engineering group founded in 1882 by Frederik Læssøe Smidth. The company specializes in the design, manufacture and installation of equipment and services for the global cement and mining industries. Headquartered in Copenhagen, FLSmidth has built a reputation for supplying end‐to‐end solutions that support both greenfield and brownfield projects worldwide.
FLSmidth’s core offerings include crushing, grinding, separation and pyro‐processing equipment, as well as material handling systems and pumps.
Read More
- Five stocks we like better than FLSmidth & Co. A/S
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Receive News & Ratings for FLSmidth & Co. A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FLSmidth & Co. A/S and related companies with MarketBeat.com's FREE daily email newsletter.
