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

Shares of Flowtech Fluidpower plc (LON:FLO) 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

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