Flowtech Fluidpower PLC (LON:FLO) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 179 ($2.36) and last traded at GBX 175 ($2.31), with a volume of 252,128 shares. The stock had previously closed at GBX 164.88 ($2.18).

Separately, FinnCap boosted their target price on Flowtech Fluidpower PLC from GBX 192 ($2.53) to GBX 205 ($2.71) and gave the stock a “corporate” rating in a report on Thursday, October 12th.

The company’s market cap is GBX 82.95 million. The firm has a 50-day moving average of GBX 148.63 and a 200 day moving average of GBX 144.62.

The firm also recently declared a dividend, which will be paid on Tuesday, October 24th. Stockholders of record on Thursday, September 28th will be given a GBX 1.93 ($0.03) dividend. The ex-dividend date is Thursday, September 28th. This represents a dividend yield of 1.42%.

TRADEMARK VIOLATION NOTICE: This article was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/10/23/flowtech-fluidpower-plc-flo-sets-new-1-year-high-at-179-00.html.

About Flowtech Fluidpower PLC

Flowtech Fluidpower plc is a United Kingdom-based distributor of technical fluid power products. The Company operates through two divisions: Flowtechnology, which is geographically split into Flowtechnology UK (FTUK) and Flowtechnology Benelux (FTB), and Power Motion Control (PMC). FTUK and FTB focus on supplying distributors and resellers of industrial maintenance, repair and operation (MRO) products, primarily serving urgent orders rather than bulk offerings.

Receive News & Stock Ratings for Flowtech Fluidpower PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flowtech Fluidpower PLC and related stocks with our FREE daily email newsletter.