FLSmidth & Co. A/S (OTCMKTS:FLIDY – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.04, Zacks reports.
FLSmidth & Co. A/S Price Performance
Shares of FLIDY stock opened at $8.12 on Wednesday. FLSmidth & Co. A/S has a 12-month low of $6.53 and a 12-month high of $9.20. The firm has a fifty day moving average of $7.61 and a 200-day moving average of $7.97.
Wall Street Analyst Weigh In
Separately, UBS Group raised FLSmidth & Co. A/S from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, FLSmidth & Co. A/S currently has an average rating of “Moderate Buy”.
About FLSmidth & Co. A/S
FLSmidth & Co A/S is a Denmark‐based engineering group founded in 1882 by Frederik Læssøe Smidth. The company specializes in the design, manufacture and installation of equipment and services for the global cement and mining industries. Headquartered in Copenhagen, FLSmidth has built a reputation for supplying end‐to‐end solutions that support both greenfield and brownfield projects worldwide.
FLSmidth’s core offerings include crushing, grinding, separation and pyro‐processing equipment, as well as material handling systems and pumps.
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