Flowtech Fluidpower (LON:FLO) Stock Price Down 11.5% – Here’s What Happened

by · The Cerbat Gem

Shares of Flowtech Fluidpower plc (LON:FLO – Get Free Report) traded down 11.5% during trading on Tuesday . The company traded as low as GBX 53 and last traded at GBX 53. 256,164 shares were traded during trading, an increase of 232% from the average session volume of 77,147 shares. The stock had previously closed at GBX 59.90.

Flowtech Fluidpower Stock Down 11.5%

The firm has a 50-day moving average price of GBX 53.28 and a two-hundred day moving average price of GBX 59.64. The company has a market capitalization of £33.54 million, a P/E ratio of -1.24 and a beta of 1.04. The company has a quick ratio of 1.04, a current ratio of 2.91 and a debt-to-equity ratio of 35.90.

Flowtech Fluidpower Company Profile

(Get Free Report)

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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