Flowtech Fluidpower (LON:FLO) Stock Price Passes Below 50-Day Moving Average – What’s Next?

by · The Cerbat Gem

Flowtech Fluidpower plc (LON:FLO – Get Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 102.90 ($1.33) and traded as low as GBX 87.54 ($1.14). Flowtech Fluidpower shares last traded at GBX 91.62 ($1.19), with a volume of 41,650 shares.

Flowtech Fluidpower Trading Up 1.9 %

The company has a quick ratio of 1.04, a current ratio of 2.91 and a debt-to-equity ratio of 35.90. The stock’s fifty day moving average price is GBX 102.04 and its two-hundred day moving average price is GBX 108.08. The company has a market capitalization of £56.51 million, a PE ratio of -393.13 and a beta of 1.04.

Insider Transactions at Flowtech Fluidpower

In other news, insider Roger McDowell bought 10,000 shares of the company’s stock in a transaction dated Friday, September 27th. The stock was bought at an average cost of GBX 90 ($1.17) per share, for a total transaction of £9,000 ($11,671.64). 3.55% of the stock is currently owned by company insiders.

Flowtech Fluidpower Company Profile

(Get Free Report)

Flowtech Fluidpower plc, together with its subsidiaries, distributes engineering components and assemblies in the areas of fluid power industry in the United Kingdom, rest of Europe, internationally. The company supplies hydraulic and pneumatic products, as well as delivers specialist engineering solutions, services, and systems through a network of distributors and resellers and a broad range of original equipment manufacturers (OEMs) across all industry sectors.

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