Shares of Flowtech Fluidpower plc (LON:FLO – Get Free Report) were down 1.3% during trading on Wednesday. The company traded as low as GBX 59.20 and last traded at GBX 59.20. 60,043 shares were traded during mid-day trading, a decline of 44% from the average session volume of 106,524 shares. The stock had previously closed at GBX 60.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 100 price objective on shares of Flowtech Fluidpower in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 100.
Check Out Our Latest Stock Report on Flowtech Fluidpower
Flowtech Fluidpower Trading Down 1.3%
The company has a debt-to-equity ratio of 62.00, a current ratio of 2.25 and a quick ratio of 1.04. The business has a 50-day simple moving average of GBX 64.82 and a two-hundred day simple moving average of GBX 57.02. The stock has a market cap of £48.21 million, a price-to-earnings ratio of -13.77 and a beta of 0.58.
Flowtech Fluidpower (LON:FLO – Get Free Report) last released its quarterly earnings data on Tuesday, September 8th. The company reported GBX 0.71 earnings per share (EPS) for the quarter. Flowtech Fluidpower had a negative return on equity of 5.87% and a negative net margin of 1.99%. Equities analysts forecast that Flowtech Fluidpower plc will post 14.25 EPS for the current fiscal year.
About Flowtech Fluidpower
Flowtech are the leading specialist Hydraulics, Pneumatics and Process engineering solutions provider across the UK, Ireland and the Benelux. We’ve built a strong brand reputation based on engineering excellence, with the ability to supply superior products, a suite of engineering services, and play a vital role in the delivery of major engineering projects from a range of key industries. https://www.flowtech.co.uk
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