Flowtech Fluidpower (LON:FLO) Shares Cross Below Fifty Day Moving Average – What’s Next?

Flowtech Fluidpower plc (LON:FLO) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 54.51 and traded as low as GBX 54. Flowtech Fluidpower shares last traded at GBX 55.44, with a volume of 15,688 shares.

Flowtech Fluidpower Stock Performance

The firm has a market cap of £34.48 million, a price-to-earnings ratio of -1.27 and a beta of 1.04. The firm’s 50 day moving average is GBX 54.51 and its 200-day moving average is GBX 58.77. The company has a debt-to-equity ratio of 35.90, a quick ratio of 1.04 and a current ratio of 2.91.

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