FLSmidth & Co. A/S (OTCMKTS:FLIDY – Get Free Report) issued its earnings results on Wednesday. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.09 by $0.04, Zacks reports.
FLSmidth & Co. A/S Price Performance
Shares of FLSmidth & Co. A/S stock opened at $8.12 on Wednesday. The business has a fifty day simple moving average of $7.61 and a 200 day simple moving average of $7.97. FLSmidth & Co. A/S has a 12 month low of $6.53 and a 12 month high of $9.20.
Analyst Ratings Changes
Separately, UBS Group upgraded FLSmidth & Co. A/S from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
FLSmidth & Co. A/S Company Profile
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.
See Also
- Five stocks we like better than FLSmidth & Co. A/S
- Speed Sells: Cerebras Cracks the Silicon Ceiling
- Amid Legal Risks, This Company Is Still Rated a Buy
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
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.
