Flowtech Fluidpower (LON:FLO) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Flowtech Fluidpower plc (LON:FLO) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 53.25 and traded as high as GBX 62. Flowtech Fluidpower shares last traded at GBX 61.47, with a volume of 216,754 shares trading hands.

Flowtech Fluidpower Stock Performance

The stock has a fifty day moving average of GBX 53.25 and a 200-day moving average of GBX 59.70. 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 has a market cap of £38.90 million, a PE ratio of -1.43 and a beta of 1.04.

About Flowtech Fluidpower

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