Flowtech Fluidpower (LON:FLO) Hits New 12-Month Low – Should You Sell?

Flowtech Fluidpower plc (LON:FLOGet Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 66.24 ($0.82) and last traded at GBX 67.48 ($0.84), with a volume of 173356 shares trading hands. The stock had previously closed at GBX 68.30 ($0.85).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 130 ($1.62) price target on shares of Flowtech Fluidpower in a research note on Thursday, January 30th.

Read Our Latest Research Report on FLO

Flowtech Fluidpower Stock Down 1.2 %

The company has a debt-to-equity ratio of 35.90, a quick ratio of 1.04 and a current ratio of 2.91. The stock’s 50-day moving average price is GBX 75.20 and its two-hundred day moving average price is GBX 91.39. The stock has a market capitalization of £42.68 million, a PE ratio of -2.97 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.

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