Flowtech Fluidpower (LON:FLO) Given “Corporate” Rating at FinnCap
FinnCap reaffirmed their corporate rating on shares of Flowtech Fluidpower (LON:FLO) in a report published on Thursday, ThisIsMoney.Co.Uk reports.
Separately, Shore Capital restated a buy rating on shares of Flowtech Fluidpower in a report on Tuesday, January 14th.
Flowtech Fluidpower stock traded up GBX 4.50 ($0.06) during midday trading on Thursday, hitting GBX 105 ($1.38). 1,057,281 shares of the stock were exchanged, compared to its average volume of 70,696. Flowtech Fluidpower has a 52-week low of GBX 93.20 ($1.23) and a 52-week high of GBX 150 ($1.97). The stock has a market capitalization of $61.46 million and a price-to-earnings ratio of 13.82. The business’s 50-day moving average price is GBX 109.22 and its 200-day moving average price is GBX 116.33. The company has a quick ratio of 0.75, a current ratio of 1.46 and a debt-to-equity ratio of 34.53.
About Flowtech Fluidpower
Flowtech Fluidpower plc, together with its subsidiaries, distributes hydraulic and pneumatic fluid power products in the United Kingdom, Ireland, Benelux, and internationally. The company operates through three segments: Flowtechnology, Power Motion Control, and Process. It offers hydraulic rubber and thermoplastic hose assembly kits, hydraulic cylinders and semi-rotary actuators, bespoke hydraulic power units and packs, purification and filtration systems, manipulated pipes and individual machined components, specialist valves and actuation equipment, safety pipework, transfer pumps, breather valves and instrumentals, and mobile systems, as well as various industrial, pneumatic, and hydraulic components.
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