Flowtech Fluidpower (LON:FLO) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Shares of Flowtech Fluidpower plc (LON:FLOGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 84.50 ($1.05) and traded as low as GBX 76.62 ($0.95). Flowtech Fluidpower shares last traded at GBX 81 ($1.00), with a volume of 25,320 shares trading hands.

Flowtech Fluidpower Price Performance

The stock’s 50 day simple moving average is GBX 84.32 and its 200-day simple moving average is GBX 100.48. The company has a debt-to-equity ratio of 35.90, a current ratio of 2.91 and a quick ratio of 1.04. The company has a market capitalization of £50.24 million, a PE ratio of -345.22 and a beta of 1.04.

Flowtech Fluidpower Company Profile

(Get Free Report)

Flowtech Fluidpower is a Group of specialist fluid power businesses. Working in partnership with customers and suppliers, we deliver essential components, custom solutions and high-quality servicing support to keep global industry moving. Our business is separated into two distinct divisions: Components and Services.

Further Reading

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