Flowtech Fluidpower (LON:FLO) Sets New 12-Month Low – Time to Sell?

Flowtech Fluidpower plc (LON:FLOGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 66.80 ($0.83) and last traded at GBX 67.80 ($0.84), with a volume of 21870 shares trading hands. The stock had previously closed at GBX 67.80 ($0.84).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 130 ($1.61) target price on shares of Flowtech Fluidpower in a research report on Thursday.

Check Out Our Latest Analysis on FLO

Flowtech Fluidpower Trading Up 2.7 %

The company has a market capitalization of £43.66 million, a PE ratio of -300.00 and a beta of 1.04. The company has a debt-to-equity ratio of 35.90, a quick ratio of 1.04 and a current ratio of 2.91. The business has a fifty day moving average price of GBX 77.89 and a 200 day moving average price of GBX 94.66.

Flowtech Fluidpower Company Profile

(Get Free Report)

Flowtech Fluidpower is a Group of specialist fluid power businesses. Working in partnership with customers and suppliers, we deliver essential components, custom solutions and high-quality servicing support to keep global industry moving. Our business is separated into two distinct divisions: Components and Services.

Further Reading

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