Flowtech Fluidpower PLC (LON:FLO) Insider Sells £55,546.80 in Stock
Flowtech Fluidpower PLC (LON:FLO) insider Bryce Rowan Nicholas Brooks sold 45,160 shares of the stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of GBX 123 ($1.61), for a total value of £55,546.80 ($72,581.73).
Shares of LON FLO opened at GBX 138.50 ($1.81) on Friday. The firm’s fifty day moving average price is GBX 136.29. Flowtech Fluidpower PLC has a 1-year low of GBX 97 ($1.27) and a 1-year high of GBX 180 ($2.35). The company has a market capitalization of $84.66 million and a price-to-earnings ratio of 16.69. The company has a current ratio of 1.40, a quick ratio of 0.68 and a debt-to-equity ratio of 25.31.
Several brokerages have weighed in on FLO. FinnCap reissued a “corporate” rating on shares of Flowtech Fluidpower in a report on Friday, July 12th. Shore Capital reissued a “house stock” rating on shares of in a report on Friday, July 12th.
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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