Flowtech Fluidpower (LON:FLO) Releases Earnings Results

Flowtech Fluidpower (LON:FLO) issued its earnings results on Tuesday. The company reported GBX 0.71 EPS for the quarter, Digital Look Earnings reports. Flowtech Fluidpower had a negative return on equity of 8.17% and a negative net margin of 2.84%.

Flowtech Fluidpower Stock Performance

LON FLO opened at GBX 63.56 on Tuesday. The firm has a market capitalization of £51.76 million, a P/E ratio of -12.13 and a beta of 0.56. The stock has a 50-day simple moving average of GBX 63.54 and a two-hundred day simple moving average of GBX 54.72. The company has a debt-to-equity ratio of 72.79, a quick ratio of 1.04 and a current ratio of 2.11. Flowtech Fluidpower has a fifty-two week low of GBX 41 and a fifty-two week high of GBX 77.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 100 price objective on shares of Flowtech Fluidpower in a research note on Tuesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 100.

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